"We believe we would have been strong stewards of Warner Bros.' iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the US," the statement from Netflix co-CEOs Ted Sarandos and Greg Peters said. "But this transaction was always a 'nice to have' at the right price, not a 'must have' at any price."
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The venue also said it provided a £200,000 donation to the East Manchester Advisory Committee for local charities in Greater Manchester, as well as providing other opportunities to external local businesses, like Gooey, an independent bakery founded in Manchester.