After Netflix Drops Warner Bros. Bid, GOP Senator Cancels Planned Antitrust Hearing

With Netflix dropping its bid for Warner Bros., the company no longer will face the additional scrutiny of a key Senate panel next week. The chairman of the Senate Judiciary antitrust subcommittee, Sen. Mike Lee (R-UT), gave no indication of whether he would hold a hearing on Paramount’s proposed bid for all of Warner Bros. […]

By Ted Johnson