Netflix co-CEO Ted Sarandos on Tuesday tried to reassure lawmakers in the Senate that bigger can be better

Senators from both parties grilled Netflix co-CEO Ted Sarandos over the $83B Warner Bros. deal, questioning "woke" content and Trump ties.

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.

Netflix co-CEO Ted Sarandos told the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights that the streaming giant’s $72 billion acquisition of Warner Bros. and HBO “will create value for consumers,

Senators grilled Netflix Co-CEO Ted Sarandos on Tuesday at a hearing over how his company’s proposed $82.7 billion acquisition of Warner Bros. Discovery will affect competition across the entertainment industry.

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.

Ted Cruz grills Netflix CEO Ted Sarandos, using Billie Eilish's 'stolen land' comments to challenge the $72 billion acquisition of Warner Bros.