华纳兄弟表示，若Netflix修改报价后，董事会仍倾向于派拉蒙的收购方案，那么华纳兄弟则有权终止与Netflix的协议。华纳兄弟称，在此之前，与Netflix的合并协议仍然有效，华纳兄弟董事会将继续建议股东批准与Netflix的交易。
"We believe we would have been strong stewards of Warner Bros.' iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the US," the statement from Netflix co-CEOs Ted Sarandos and Greg Peters said. "But this transaction was always a 'nice to have' at the right price, not a 'must have' at any price."
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The hard truth? Raising venture capital too early can cost you control, leverage and even your company. Early capital is often highly dilutive, selling off your future before your blueprint is complete. The difference between lighting a spark and burning your equity to ash is a lesson many founders learn too late.
For Begg, her co-CEO days came to an end in 2024 when Board Intelligence acquired private equity backers, which became a natural point for Sundberg to stand down. Sundberg remains on the company's advisory board.
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