Netflix, After Walking Away From Warner Bros. Deal, Will 'Move Forward' With '$2.8 Billion in Our Pocket That We Didn't Have a Few Weeks Ago,' CFO Says - Variety

Netflix CFO Spence Neumann, speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, reiterated the company’s position that it bailed out of the bidding for Warner Bros. because Paramount increased its offer price.