Netflix says it’s “going to keep that HBO team” after acquiring Warner Bros.

Casey Blows, senior Netflix executive?

In a lengthy interview with Stratechery’s Ben Thompson, Netflix co-CEO Greg Peters said that he and (fellow co-CEO) Ted Sarandos plan to keep “that HBO team” in strategy after the acquisition. It’s a smart move, according to Bloys and co. has been completed, and while expected by many pundits in the industry, was not previously so definitively confirmed.

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What Netflix plans to do with HBO/max The POV from integration is still a bit unclear.

Asked if HBO (Max) and Netflix would become one or two services following Netflix’s pending purchase by Warner Bros., Peters replied, “That’s the kind of thing we want to address and we’ve given some thought to it. [to do].”

“We want to work on that more,” Peters continued. “We know other providers have benefits from our work doing this. We can have a win-win. We can make a better product for consumers, ultimately lower prices, and it works better for business – we know it’s capable.”

Netflix hasn’t actually integrated another streamer into its own service, but it has recently been bundled with various others. And Netflix and AMC have an ongoing deal that makes a variety of AMC and AMC Studios programming available — and spotlighted — on Netflix under the “AMC Collection” banner.

Whether it ends up on NetflixHBOMax, Netflix + HBO Max, or the “HBO Collection” on Netflix, Peters knows talent when he sees it. He plans to keep the “HBO team,” which his co-CEO Sarandos says has been battling for years for great content, on board. Faith’s statement came in response to a question about keeping HBO HBO.

“I’m very confident about that because we’re going to keep that HBO team and the HBO team is great at working with that talent and giving them the environment they need to tell those amazing stories,” Peters said. “And they get to do it under a big brand that speaks to the show they’re trying to make, and we’re going to give them a big audience.”

Blois (HBO CEO) and Francesca Orsi (HBO executive vice president of programming and head of HBO drama series and films) jobs — and possibly others — appear to be safe.

When asked in November, Dr The Hollywood Reporter As for his job security under the takeover – at the time, Paramount was in pole position – Bloys shrugged it off.

“A few weeks ago I held a town hall, and I said, ‘The only thing you can do in this process, and the best thing you can do, is focus on your work, which is making the most effective programming in any genre,'” Bloys said at the time.

“It’s kind of a waste of energy, because I don’t know what’s going to happen,” Bloys added. “Now, that being said, I’m obviously proud of what we’ve done at HBO and HBO Max. I want to continue that. We’ve all worked at HBO for a long time. I’m proud of our track record, but you have to go into these processes with an open mind. And a lot of it is out of our hands.”

In response to Netflix’s ( NFLX ) stock hitting a 52-week low, Peters is apparently doing something of a limited media tour targeting financial publications. Wall Street isn’t exactly enamored with Netflix’s plan to buy Warner Bros. studios and streaming (and HBO) in an all-cash offer now valued at $83 billion. No one is less in love with the plan than David Ellison, president of Paramount Skydance, who submitted a competitive bid. Alison Warner Bros. wants the entirety of Discovery and is willing to pay $108 billion for the total package.

In a separate conversation with Financial TimesPeters said Paramount’s proposal “doesn’t pass the sniff test.” Paramount backer Redbird Capital took exception to this – read that back-and-forth here.

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