Netflix's Sarandos to testify in Senate hearing on Warner deal - NFLX

Netflix co-CEO Ted Sarandos is set to testify in February before a U.S. Senate committee reviewing the company’s proposed $82.7 billion acquisition of Warner Bros.’ streaming and studio operations, according to Bloomberg News. The hearing will also include Bruce Campbell, Warner Bros.’ chief strategy officer, who plans to appear, sources familiar with the matter told the outlet. The proposed transaction, announced in late 2025, has drawn scrutiny from antitrust regulators and lawmakers over potential market concentration in entertainment and media. Netflix and Warner Bros. have not commented on the upcoming testimony or the hearing schedule. The Senate panel is expected to examine competitive impacts, content distribution, and pricing dynamics in the streaming sector. The hearing date has not been finalized but is anticipated in early February 2026.