While Congress may have little say in whether Netflix’s proposed merger with Warner Bros. goes through, senators expressed serious reservations about the combination, a possible sign of what’s in store from federal regulators.
At a Feb. 3 hearing of the Senate Judiciary Committee, lawmakers from both parties expressed numerous concerns to Netflix CEO Ted Sarandos and Warner Bros. Chief Strategy Officer Bruce Campbell regarding the merger, including fewer entertainment jobs, higher prices for streaming services, and harm to America’s movie theaters.
