Concerns have arisen regarding potential negative impacts on subscribers if Netflix acquires Warner Bros. Discovery’s streaming and movie studios, primarily fears of increased prices due to reduced competition. During a Senate hearing, Netflix co-CEO Ted Sarandos argued that the merger would not create a monopoly in streaming or production. With Netflix leading in subscribers at 301.63 million and WBD following at 128 million, Sarandos aimed to assuage worries about market dominance. The hearing was conducted by the US Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy, and Consumer Rights.
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