Feb. 4 (UPI) -- Netflix co-CEO Ted Sarandos faced the Senate Judiciary Committee's antitrust subcommittee to answer questions about the company's proposed merger with Warner Bros. Discovery.
Lawmakers on Tuesday asked Sarandos about Netflix's plans for the merged conglomerate, including content, pay and consumer value.
The $83 million merger, which includes the Warner Bros. studio, HBO and HBO Max, isn't final. WBD shareholders must vote to choose between Netflix and Paramount, and the merger must pass federal scrutiny.
In October, Warner Bros. said it was open to offers after getting unsolicited ones. On Dec. 5, after a bidding war between Netflix and Paramount Skydance, Warner Bros. said it would accept Netflix's offer.
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