Netflix-Warner Bros Deal Bad For America, GOP Attorneys General Say
Deadline • • general
Key Points:
- Nearly a dozen Republican state attorneys general have urged the U.S. Department of Justice to rigorously review Netflix's proposed $83 billion merger with Warner Bros. Discovery, citing concerns over market concentration that could harm competition and consumers.
- This call for scrutiny comes amid an ongoing DOJ antitrust probe into Netflix and shortly after Paramount CEO David Ellison attended President Trump's State of the Union address, highlighting the political dynamics surrounding the Warner Bros. Discovery acquisition.
- Montana Attorney General Austin Knudsen and other GOP AGs warned the merger could reduce consumer choices, raise prices, and stifle innovation, reflecting broader concerns about consolidation in the entertainment industry.
- Netflix executives maintain that the company will not hold a monopoly post-merger and view competition broadly, including
