Sen. Elizabeth Warren called Netflix’s $72 billion acquisition of Warner Bros. Discovery’s studios and streaming division an antitrust “nightmare” that would harm workers and consumers, ramping up bipartisan criticism of the entertainment megadeal on Friday.
Netflix on Friday pitched the deal as creating jobs and giving the company’s 300 million subscribers “more bang for their buck” by adding more content at a time when the administration is focused on affordability and lower prices for consumers. That proposition faced criticism from Republicans before the deal was formally announced, and began to draw pushback from Democrats on Friday.
“This deal looks like an anti-monopoly nightmare,” Warren said.
“A Netflix-Warner Bros. would create one massive media giant with control of close

New York Post Business

Deadline Politics
VARIETY
MassLive
Local News in Pennsylvania
Local News in D.C.
Raw Story
AlterNet
The Daily Beast