Netflix CEO Ted Sarandos and Bruce Campbell of Warner Bros. Discovery went before the House and Senate Judiciary committees this week to answer questions about a proposed merger between the two firms.
The $70 billion deal would create one of the largest media companies in the world. Lawmakers raised concerns about the threat posed by the concentration of so many media entities in the hands of one firm and the possible impact on the cost of streaming services.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.