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The legal minimum wage will rise to £12.71 an hour in April 2026. Some employers voluntarily pay a higher rate called the Real Living Wage, which is calculated by the Living Wage Foundation, a charity. The current Real Living Wage is £13.45.
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"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."