US EditionNetflix’s antitrust hearing morphed into a culture-war fight over ‘wokeness’
Netflix co-CEO Ted Sarandos defended the company’s diverse programming and denied political bias during Senate scrutiny of its $83 billion Warner Bros. Discovery acquisition.
6 Articles
6 Articles
Netflix’s antitrust hearing morphed into a culture-war fight over ‘wokeness’
Netflix co-CEO Ted Sarandos on Tuesday faced skeptical lawmakers during a Senate hearing on his company’s pending $83 billion deal to acquire Warner Bros. Discovery’s streaming and film assets.
[Digital Daily Reporter Oh Byeong-hun] Netflix CEO Ted Sarandos cited the current state of Korean K-content investment as an example in response to a U.S. senator's question about whether local investment in the U.S. is decreasing. At a hearing held by the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights (Antitrust Subcommittee) on the 3rd (local time), Sarandos responded to a question from Senator Adam Schiff, sayi…
Netflix co-CEO faces grilling by US Senate panel over Warner Bros deal
By Jody Godoy Feb 3 (Reuters) – U.S. 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. U.S. Senator Mike Lee led the hearing in which Sarandos and Bruce Campbell, Warner Bros' chief strategy officer, testified. While the Senate cannot itself prohibit the deal, the lawmakers demanded deta…
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