Netflix co-CEO Ted Sarandos says the streaming giant has little interest, if at all, in bidding for Warner Bros. Discovery.

“Nothing is a must for us to meet our goals that we have for this business,” he said during an after-market analyst call after Netflix unveiled its third quarter financial results, without mentioning WBD directly. The executive’s comments came on the same day the rival major studio’s board of directors said they had received “ unsolicited interest ” from “multiple parties” as Hollywood anticipates another round of large-scale media industry consolidation.

Netflix co-CEO Ted Sarandos says the streaming giant has little interest, if at all, in bidding for Warner Bros. Discovery.

“Nothing is a must for us to meet our goals that we have for this business,” he said

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