Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4 (Financial Times)
Financial Times:
Sources: WBD’s board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4 — Old-guard Hollywood underestimated streaming pioneer that has upended the industry over two decades