Netflix, Sarandos and Senate
Digest more
5hon MSN
Ted Sarandos Goes to Washington: What Matters as Netflix's Chief Spars With Skeptical Lawmakers
In a precursor to Netflix's arguments if the deal lands in court, the CEO argued that the company's main rival is YouTube as it competes for the time and attention of viewers.
Netflix co-CEO Ted Sarandos on Tuesday tried to reassure lawmakers in the Senate that bigger can be better
During a recent Senate hearing, Netflix CEO Ted Sarandos appeared to confirm that Superman early Digital release last summer was because it had underperformed at the box office.
Senators asked Ted Sarandos about whether the acquisition would raise prices, squeeze talent and degrade the moviegoing experience.
Senators from both parties grilled Netflix co-CEO Ted Sarandos over the $83B Warner Bros. deal, questioning "woke" content and Trump ties.
The Senate hearing comes as Netflix hopes to acquire Warner Bros Discovery in an $83 billion merger, though David Ellison’s Paramount has also put in a bid for WBD.
Eric Schmitt grilled Netflix CEO Ted Sarandos on his platform hosting the "wokest content in the history of the world" during a Tuesday congressional hearing.
Netflix co-CEO Ted Sarandos defended the streamer's $83 billion Warner Bros. deal during testimony to the Senate Judiciary's subcommittee on antitrust, competition policy, and consumer rights on Tuesday.