Netflix’s bid to acquire Warner Bros. failed due to the presence of tampons in a men’s restroom at Netflix headquarters, according to a report.
Netflix declined to increase its $73 billion offer for Warner Bros. Discovery after Paramount Skydance made a higher offer of $80.5 billion.
The streaming giant had until March 4 at 11:59 p.m. ET, to come up with a new proposal to top Paramount’s “superior proposal.”
Netflix CEO Ted Sarandos Jr. is pictured with his wife Nicole Avant in a photo dated November 02, 2019.
According to the New York Post, tampons in the men’s room at Netflix headquarters became a talking point among Republican lawmakers.
During the negotiations for regulatory approval for Netflix’s proposed acquisition of Warner Bros., GOP lawmakers were told the streaming giant was not a left-wing company looking to become more powerful by purchasing Warner Bros. Discovery.
GOP legislators were “shocked and disturbed” to find tampons in the men’s restroom.
GOP legislators who visited Netflix headquarters in Los Gatos, California, were “shocked and disturbed” to find a basket containing tampons in the men’s restroom.
The “tampon incident” became a talking point on Capitol Hill in Washington, DC.
“This is 2026, not 2020,” said one GOP staffer, referring to Netflix’s progressive social agenda. “What were they thinking?”
Many Americans objected to Netflix purchasing Warner Bros. because it would likely mean the end of physical media.
Movie fans are urged to buy their own physical media before movies and TV shows on VHS tape and DVDs are gone for good.
