Netflix co-CEO Ted Sarandos Jemal Countess/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment It's official: Netflix, run by chairman Reed Hastings and co-CEOs Ted Sarandos and Greg Peters, has agreed to buy Warner Bros. in a deal valued at $82.7 billion. The companies issued a press release early Friday announcing the deal, which will alter the course of the entertainment business.