Senate Hearing On Netflix-Warner Bros. Transaction Set For Feb. 3; Co-CEO Ted Sarandos To Testify

A Senate committee will examine the proposed Netflix acquisition of Warner Bros. at a hearing scheduled for next week, with co-CEO Ted Sarandos scheduled to testify. The hearing before the Senate Judiciary antitrust subcommittee will be held on Feb. 3, a spokesperson for Sen. Mike Lee (R-UT), confirmed. Lee is the chairman of the subcommittee, and Sen. Cory Booker (D-NJ) is the ranking member. The Netflix acquisition has drawn an unusual amount of commentary from lawmakers in the weeks since it was announc ...