Netflix co-CEO Ted Sarandos said at Bloomberg’s Screentime event that the company is not growing as quickly as he would like. Revenue grew by double digits in every region, while user engagement increased 2% in the most recent fiscal period.
Sarandos said he had no regrets about Netflix’s unsuccessful bid for Warner Bros. Discovery. He called the plan solid and said Netflix had priced the deal correctly for its scale. The company is not currently looking for another major acquisition to replace the WBD deal.