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International Business Times
International Business Times
Business

Netflix's Acquisition of Warner Bros. Discovery Faces Scrutiny From White House Officials

Netflix is set to open two enormous entertainment venues in the United States next year.

Netflix's plan to acquire Warner Bros. Discovery, including the HBO Max streaming service, is facing close attention from senior White House officials, who are raising questions about the potential impact on competition in Hollywood.

Sources told the NY Post that officials recently held a high-level meeting to discuss whether Netflix's growing influence could give it too much control over the entertainment industry.

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