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Congressional hearing opens on proposed Warner Bros. mergers as lawmaker raises antitrust and press‑freedom concerns
Summary
An unidentified speaker opened a Judiciary: House Committee hearing urging careful antitrust review of proposed transactions involving Warner Bros., Netflix and Paramount, citing potential market concentration, threats to theatrical distribution and risks to journalistic independence.
An unidentified speaker opened a Judiciary: House Committee hearing by warning that proposed transactions involving Warner Bros. and potential buyers such as Netflix and Paramount could substantially increase media concentration and merit close antitrust scrutiny.
The speaker listed a history of past Warner‑related corporate moves — the 2000 AOL‑Time Warner merger, AT&T's 2019 acquisition of Time Warner and the 2021 formation of Warner Bros. Discovery — and said the latest sales offers raise questions about the future of pricing, production and distribution of audiovisual content.
"This time, it has accepted a bid from Netflix," the speaker said, describing the deal as one that would transfer control of Warner's streaming and studio assets, including "DC Studios, HBO and HBO Max, and Warner Bros.…
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