Netflix co-CEO grilled by US senators over Warner Bros Discovery merger

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Netflix co-CEO Ted Sarandos and Warner Bros Discovery executive Bruce Campbell testified before a Senate subcommittee on antitrust, competition policy, and consumer rights on Tuesday regarding the pending acquisition of Warner Bros Discovery's film and streaming assets. Senators questioned Sarandos and Campbell about the potential impact of the merger on job security, consumer prices, content availability, and the movie theater industry. Republican senators, including Josh Hawley and Eric Schmitt, grilled Sarandos on Netflix's programming content, accusing the platform of promoting a "transgender ideology" and "wokeness." Sarandos denied that Netflix has any political agenda and stated the platform offers diverse content. He also addressed concerns about potential job losses, assuring the committee that the merger would be different and that Netflix needs the Warner Bros Discovery employees.
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