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Netflix CEO Gets Ghosted By White House, Drops Billion-Dollar Bidding Drama

KEY POINTS

  • Netflix co-CEO Ted Sarandos flew to Washington last Thursday hoping to meet Trump or White House officials but was canceled last minute.
  • The canceled meeting sparked rumors Netflix dropped its Warner Bros. Discovery bid due to White House influence, though Netflix denied this.
  • Sarandos did meet with Justice Department officials who assured him of a fair process while Trump’s interest faded after CNN was no longer in play.

On a historic Thursday visit to D.C., Netflix co-CEO Ted Sarandos arrived at the White House only to be told his meeting was canceled due to a ‘last-minute scheduling conflict’ — aka, Trump’s calendar looked more crowded than The Witcher’s plot twists. Rather than linger, Sarandos bounced faster than Netflix dropping new series after one season. This no-show meeting sparked wild media speculation that Sarandos' ghosting triggered Netflix’s exit from the Warner Bros. Discovery bidding war, but the savvy streamer had already decided to hold its wallet. Later that night, Trump and Sarandos finally chatted, with Trump diplomatically warning not to overpay — like a financial advisor who moonlights as a reality TV star. Meanwhile, DOJ meetings went so swimmingly that Netflix never felt threatened, only left hung by canceled invites. Democrats, not impressed, accused this saga of quiet Trump admin chess moves benefiting Paramount, though the visit was booked long before Paramount made its final offer. Sarandos summed it up bluntly: once Netflix decided they weren’t acquiring CNN, Trump’s interest plummeted faster than Netflix stock after a poorly received reboot.

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Source: Axios | Published: 3/3/2026 | Author: Sara Fischer