

Sen. Elizabeth Warren described Netflix’s purchase of Warner Bros. as a “nightmare” that would most likely increase subscription costs and limit options for consumers on the streaming platform, according to Deadline.
Warren explained, “This deal looks like an anti-monopoly nightmare. A Netflix-Warner Bros. would create one massive media giant with control of close to half of the streaming market — threatening to force Americans into higher subscription prices and fewer choices over what and how they watch, while putting American workers at risk,” via Deadline.
Due to companies seeking the president’s approval, Deadline says Warren made negative comments against the Trump administration for the process of reviewing mergers.
According to Deadline, Warren said, “Under Donald Trump, the antitrust review process has also become a cesspool of political favoritism and corruption. The Justice Department must enforce our nation’s anti-monopoly laws fairly and transparently — not use the Warner Bros. deal review to invite influence-peddling and bribery.”
Sen. Warren has been a vocal critic of Paramount, Netflix’s primary competitor in the pursuit of Warner Bros. Discovery assets. Deadline says she and fellow Democrats have specifically pressured Paramount CEO David Ellison for information regarding the Trump administration’s approval of the Skydance-Paramount Global merger.
Capitol Hill Republicans earlier weighed in on the possibility of this win, and Warren followed suit. The chair of the Senate Judiciary antitrust subcommittee, Sen. Mike Lee, posted on X that this merger “should send alarm to antitrust enforcers around the world,” via Deadline.
Netflix co-CEO Ted Sarandos said in a Friday morning investor call that he was “highly confident in the regulatory process.” They described the transaction as “pro-consumer, pro-innovation, pro-worker, pro-creator,” according to Deadline.
mxdwn reported that the $82.7 billion deal marks a huge power shift in the entertainment industry. On Tuesday evening, Warner Bros. Discovery was notified by Netflix of its decision to move forward. This confirmed its status as the winning bidder.

