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US Senate hearing on proposed Netflix-Warner Bros merger

The US Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy, and Consumer Rights holds a hearing on the proposed Netflix-Warner Bros. merger.

In its latest offer, Netflix is offering to buy Warner Bros. Discovery’s studio and streaming business in all cash — in an effort to win over the Hollywood giant’s shareholders for its $72 billion merger and potentially thwart a hostile bid from Skydance-owned Paramount.

#Netflix #Paramount #WarnerBros #USA #SenateHearing #Senate #USPolitics #Hollywood

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