Netflix Co-CEO Sarandos Acknowledges Slower Growth, Downplays Paramount-WB Merger Threat

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Netflix Co-CEO Sarandos Acknowledges Slower Growth, Downplays Paramount-WB Merger Threat

Developing story first seen 18 minutes ago

· 18 minutes ago

New comments from Netflix co-CEO Ted Sarandos show he is concerned the company is growing more slowly than he wants, while he remains unconcerned publicly about competition from the proposed Paramount-Warner Bros. merger. Speaking at a conference, he said Netflix is working to accelerate growth and argued its bid for Warner Bros. Discovery had been priced at the limit of what could create value for shareholders.

Netflix user engagement grew 2% year on year in the first half of 2026. Sarandos said live programming, a relatively new part of Netflix’s offering, creates headwinds for that measure, though the article does not give further detail. He also discussed a possible US federal production tax credit, saying it could help bring jobs back from countries such as the UK; he praised New Jersey’s incentives and criticised production conditions in California and Los Angeles.

  • Sarandos says Netflix is not growing as fast as he wants.
  • User engagement rose 2% in the first half of 2026.
  • He says US production incentives could help bring jobs back.

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