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Senate gears up for 'intense' antitrust hearing in wake of Netflix, Warner Bros deal

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4 days ago

The Senate is readying for an antitrust hearing following the announcement of a blockbuster, multibillion-dollar merger between Netflix and Warner Bros. Discovery.Sen. Mike Lee, R-Utah, who chairs the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, announced that a hearing on the streaming giant’s $82.7 billion acquisition of Warner Bros. Discovery’s streaming and studio assets would be in the works, claiming the deal had "a lot of antitrust red flags.""Buckle up for an intense antitrust hearing in the Senate," Lee said on X.FCC APPROVES PARAMOUNT-SKYDANCE M...

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4 days ago
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