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Benzinga
Benzinga
Business
Ananya Gairola

Netflix-Warner Bros $82.7 Billion Mega-Merger Sparks Fierce Hollywood, Lawmakers Backlash— Elizabeth Warren Calls It An 'Anti-Monopoly Nightmare'

Stuttgart,,Germany,-,09-22-2022:,Mobile,Phone,With,Logo,Of,Media

The reaction to Netflix Inc.'s (NASDAQ:NFLX) $82.7 billion plan to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD) erupted across Washington and Hollywood on Friday, with lawmakers, unions, producers, and industry veterans warning the merger could reshape — and possibly destabilize — the entertainment landscape.

Elizabeth Warren Warns Of Higher Prices And Fewer Choices

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