Netflix Co-CEO to Testify in Senate Hearing on Warner Deal

Warner Bros. Says Over 93% of Its Holders Reject Paramount’s Bid

Netflix Inc. co-Chief Executive Officer Ted Sarandos is planning to testify in February at a US Senate committee hearing looking into his company’s proposed $82.7 billion purchase of the streaming and studio operations of Warner Bros. Discovery Inc.

Bruce Campbell, Warner Bros. chief strategy officer, is also planning to appear, according to people with knowledge of the matter who asked not to be identified discussing nonpublic information.