""Why in the world would we give a seal of approval or a thumbs up to make you the largest behemoth on the planet related to content?" Sen. Eric Schmitt (R-MO) asked."
""It seems as though you have engaged in creating not only a monopoly of content, potentially, but the wokest content in the history of the world.""
Netflix CEO Ted Sarandos testified before a Senate Judiciary antitrust subcommittee regarding the company’s attempt to acquire a large part of Warner Bros. Discovery. The hearing raised traditional merger concerns about potential consumer cost increases, reduced theatrical experiences, and a shrinking market for entertainment jobs. A substantial portion of questioning focused on Netflix programming criticized by some senators as "woke," including portrayals of transgender characters. Paramount Skydance, led by David Ellison, submitted a competing bid that Warner Bros. Discovery rejected, and Republican senators pushed to disfavor Netflix’s offer.
Read at The Verge
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