Netflix Co-CEOs Respond To Swirl Of M&A Rumors, Reports They May Partner With Peacock Or Launch FAST Channels

Netflix co-CEOs Ted Sarandos and Greg Peters used the company's second-quarter earnings interview to try to clear the air regarding prospects for M&A, strategic partnerships and FAST channels. Responding to a question about Lionsgate or NBCUniversal, both considered prime suspects in the current wave of consolidation, Sarandos told Wall Street analysts on Thusday he wanted to remind them of the company's "core philosophy." Netflix has "multiple ways to achieve our goals," he added, among them "producing, licensing, partnering. And we're constantly seeking ways to allocate our resources to the most attractive options." Streamer Has Used It In 300 Productions