Netflix, Ted Sarandos and Senate
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Netflix co-CEO Ted Sarandos faced a Senate subcommittee over its proposed acquisition of Warner Bros. on Tuesday in Washington, D.C.,
Netflix co-CEO Ted Sarandos and Warner Bros. chief strategy officer Bruce Campbell defended their $83 billion merger deal during testimony to the Senate Judiciary's subcommittee on antitrust, competition policy and consumer rights on Tuesday.
Ted Sarandos has told a US Senate committee that Netflix’s proposed acquisition of Warner Bros Discovery (WBD)’s studio and streaming assets would “strengthen” the US entertainment business and that the combined entity would not constitute a monopoly.
In a podcast interview last week, Hastings said that he believes companies should focus on their core businesses.
Ted Cruz grills Netflix CEO Ted Sarandos, using Billie Eilish's 'stolen land' comments to challenge the $72 billion acquisition of Warner Bros.
EXCLUSIVE: Ted Sarandos’ testimony tomorrow in front of a pivotal Senate subcommittee looks to be strewn with MAGA landmines that are intended to blow up Netflix’s path to buying most of Warner Bros.