Home Business Netflix CEO Faces Criticism From Lawmakers on Warner Merger

Netflix CEO Faces Criticism From Lawmakers on Warner Merger

Share
netflix-ceo-faces-criticism-from-lawmakers-on-warner-merger
Netflix CEO Faces Criticism From Lawmakers on Warner Merger
Share

An aerial view of Netflix studios, with the Hollywood sign in the distance, in Los Angeles, on Dec. 5, 2025. Mario Tama/Getty ImagesWhile 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.

Share
Related Articles
eqt-to-buy-range-resources,-creating-largest-us-natural-gas-producer
BusinessCompaniesEnergy

EQT to Buy Range Resources, Creating Largest US Natural Gas Producer

EQT Corp. has agreed to acquire rival Appalachian shale driller Range Resources...

wall-street-is-very-nervousshould-you-worry?-can-you-repair-your-losses?
BrightBusinessInvestingPersonal FinanceStocks

Wall Street Is Very NervousShould You Worry? Can You Repair Your Losses?

On Oct. 23, the Dow Jones Industrial Average fell 652.82 points, or...

nearly-3-in-10-new-car-trade-ins-are-underwater,-edmunds-finds
BusinessMarkets

Nearly 3 in 10 New-Car Trade-Ins Are Underwater, Edmunds Finds

Almost three in 10 vehicles traded toward a new car are worth...