Senator Marshall Statement on Netflix-Warner Bros. Deal

Washington – On Friday, U.S. Senator Roger Marshall, M.D. (R-Kansas), issued the following statement in response to news that Netflix plans to acquire Warner Bros. Discovery’s studio and streaming assets in $82 billion transaction, marking one of the largest media consolidations in modern history. 

“Netflix’s $82 billion attempt to buy Warner Bros. would be the largest media takeover in history — and it raises serious red flags for consumers, creators, movie theaters, and local businesses alike,” said Senator Marshall. “One company should not have full vertical control of the content and the distribution pipeline that delivers it. And combining two of the largest streaming platforms is a textbook horizontal Antitrust problem. Prices, choice, and creative freedom are at stake. Regulators need to take a hard look at this deal and realize how harmful it would be for consumers and Western society.”

Background:

• Senator Marshall previously sent a letter to the Department of Justice and Federal Trade Commission, raising concerns of a potential merger, warning of its implications for pricing, competition, theatrical releases, and creative independence.

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Contact: Payton Fuller