The ongoing battle between Netflix and Paramount in their quests to purchase Warner Bros. Discovery escalated this week when the streaming giant’s co-CEO Ted Sarandos visited the White House while nearly a dozen Republican state attorney generals warned against Netflix securing the studio.
The letter written by 11 Republican state attorney generals addressed to U.S. Attorney General Pam Bondi warned that a Netflix takeover could lead to market concentration.
“We, the undersigned Attorneys General, write to express our concerns that the proposed merger between Netflix and Warner Brothers will likely result in undue market concentration that…
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