Netflix Wins Day in Congressional Hearing [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
to make their case that the merger will benefit consumers of streaming services. Politicians like to give CEOs a hard time, yet the big take-away from the hearing was that there should be little concern about too much control by one company over streaming services. There is plenty of competition today in the streaming service space and, when this deal is approved by regulators, there will remain strong competition for customers in the streaming space. Following the testimony of Netflix co-CEO Ted Sarandos before the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights on Tuesday, one message rang through: the case for merger is clear. The hearing was a crucial test of whether Netflix's proposed acquisition of Warner Bros.' signature assets would stand up to scrutiny on three key pillars: market competition, consumer benefit, and American global leadership in entertainment. Netflix not only passed that test – Sarandos made the case that the deal accompl
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- Netflix, Inc. (NFLX)'s Warner Bros. Acquisition Faces Regulatory Scrutiny Amid Mixed Analyst Outlook [Yahoo! Finance]Yahoo! Finance
- Republicans attack ‘woke’ Netflix — and ignore YouTube [Verge, The]Verge, The
- Put down your headphones. Spotify wants you to pick up an actual book. [Los Angeles Times (CA)]Los Angeles Times
- Michelle Obama's 'Becoming' surges on Netflix amid 'Melania' movie release [USA TODAY]USA TODAY
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