Netflix co-CEO Ted Sarandos stated that if the merger agreement proceeds successfully, the streaming giant will largely maintain the current operational structure of Warner Bros. Discovery's film and television studios as well as its HBO division. He mentioned that Netflix will also invest in fostering growth within these entities. Sarandos emphasized that the deal is expected to generate value for Warner's shareholders and, equally importantly, will continue to advance the entertainment industry. He noted, "The outcome of this transaction will impact numerous stakeholders." This statement follows Warner Bros. Discovery's announcement to resume deal negotiations with Paramount, setting the stage for a potential bidding competition with Netflix.