ReferIndia News Senate Scrutinizes Netflix's Mega-Merger with Warner Bros Discovery

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Senate Scrutinizes Netflix's Mega-Merger with Warner Bros Discovery

Published on: Feb. 4, 2026, 4:25 a.m. | Source: Devdiscourse

U.S. senators questioned Netflix Co-CEO Ted Sarandos about the company's $82.7 billion bid to acquire Warner Bros Discovery. Concerns were raised about potential reductions in competition and jobs within the entertainment industry. The U.S. Department of Justice is assessing the deal, alongside a competitive bid from Paramount Skydance.

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