Netflix's Surrender Has Already Begun
A CEO calling his own company's past a "mistake." A 47-page report designed to be cited, not read. The pressure campaign that broke Facebook is back for Netflix.
On Tuesday, Netflix co-CEO Ted Sarandos sat in the Dirksen Senate Office Building to answer questions about his company’s $83 billion bid to acquire Warner Bros. Discovery’s studios, HBO, and HBO Max. The hearing was supposed to be about antitrust.
And some of it was! Sen. Mike Lee, the Republican chairing the subcommittee, called the deal “extraordinary…
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