Netflix CEO Ted Sarandos faced a bipartisan barrage of criticism during a February 3, 2026, Senate Judiciary Committee hearing on the company’s proposed all-cash acquisition of Warner Bros. Discovery. Lawmakers voiced deep reservations about the deal’s impact on competition, movie theaters, and consumer choice, signaling potential roadblocks from federal regulators amid Trump’s vow to scrutinize Big Tech mergers.
The merger, valued at billions, counters a hostile takeover bid from Paramount, with Warner’s board urging shareholders to favor Netflix’s offer. Sarandos defended the combination as a way to “strengthen American storytelling” and compete globally, but senators weren’t buying it. Republicans highlighted Netflix’s dominance in streaming, warning it could stifle innovation and raise prices. Sen. Eric Schmitt (R-MO) slammed the platform: “Netflix continues to push sexual and gender theory on kids,” raising alarms over content control in a consolidated media landscape.
Democrats echoed antitrust worries, fearing reduced options for viewers and harm to traditional cinemas as more Warner films bypass theaters for online release. “This deal could decimate local theaters and jobs,” one lawmaker noted, pointing to Warner’s iconic franchises like DC Comics and Harry Potter amplifying Netflix’s market power.The hearing underscores broader conservative pushback against Hollywood’s leftist tilt, where mergers risk amplifying progressive ideologies in family entertainment.
Trump’s administration has already flagged the deal for review, with HHS Secretary Jim O’Neil and others decrying “overmedicalization” in media—though not directly tied, it fuels scrutiny of cultural influence. As FTC and DOJ weigh in, this probe highlights the need to protect free markets from monopolistic overreach that erodes choice and traditional values. With Warner’s board rejecting Paramount, Netflix’s bid hangs in the balance amid growing political heat.