Netflix's $72B Warner Bros. Acquisition Faces Antitrust Scrutiny

Netflixs $72 billion acquisition of Warner Bros Discoverys studios and streaming division faces intense antitrust scrutiny. Critics argue it could reduce consumer choice and give Netflix an unacceptably large share of the streaming market. Lawmakers, including Senator Mike Lee, warn of potential harm to content creators and consumers. Despite concerns, Netflix executives remain confident, citing shifting media habits and a dynamic landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.