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Netflix Struggles to Defend Warner Bros Merger at US Senate Hearing
Executives defended the merger amid concerns over competition, job losses, and content, pledging a 45-day theatrical window for Warner Bros. films, with Netflix spending $26 billion on U.S. production.
- U.S. Senators questioned Netflix Co-CEO Ted Sarandos about the company's proposed $82.7 billion acquisition of Warner Bros Discovery during a Senate hearing about its potential impact on competition in the entertainment industry.
- Senator Mike Lee stated that the merger could decrease competition and reduce job opportunities, warning that consolidating two major employers within the same market could significantly weaken competition.
- Sarandos assured that Netflix would maintain a 45-day theatrical release for Warner Bros films and claimed the merger would provide consumers with more content for less.
- Senator Cory Booker expressed frustration over Paramount's absence from the hearing, noting the concern that such mergers would increase corporate control over media consumption.
107 Articles
107 Articles
In the first week of February 2026, Netflix's Ted Sarandos had an appearance before the U.S. Senate where he spoke about Warner Bros.'s purchase.Netflix's CEO was questioned about the strategy that would have with Warner Bros.'s movie premieres; however, he didn't really clarify the doubts.Netflix might not respect Warner Bros' movie window.Originally, Ted Sarandos mentioned that Warner Bros.'s films would be 45 days in theaters around the world…
Netflix-Warner Bros. Discovery Deal Faces US Senate Scrutiny Over Antitrust Risks and Market Dominance | 🎥 LatestLY
A US Senate panel has flagged serious antitrust risks in Netflix's $83-billion bid for Warner Bros. Discovery, questioning whether the merger would give the streaming giant excessive market power and reshape competition across the entertainment industry. 🎥 Netflix-Warner Bros. Discovery Deal Faces US Senate Scrutiny Over Antitrust Risks and Market Dominance.
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