Netflix was long 'a builder not a buyer.' Is that era over?Netflix co-CEO Ted Sarandos said during an investor call that the company built its "M&A muscle" during its pursuit of WBD's assets.{}

Netflix co-CEO Ted Sarandos said during an investor call that the company built its "M&A muscle" during its pursuit of WBD's assets.https://www.cnbc.com/2026/04/17/netflix-mergers-m-a-strategy.html