“I just said I would do that under oath,” Sarandos told Sen. Josh Hawley (R–Mo), in the most contentious part of the hearing so far.
Like other lawmakers, Hawley expressed concerns over the impact of the transaction on the labor market, and tried to press him on the payment of residuals.
“You have been routinely accused of compressing and reducing residuals,” Hawley said.
Ted Sarandos Challenged On Argument That YouTube Is A Main Streaming Rival: Netflix co-ceo Ted Sarandos was grilled on his argument that the company’s rivals include YouTube, something that would factor in how the Trump administration Justice Department and other regulators examine the Warner Bros. deal.
Sen. Mike Lee (R-ut) repeatedly pressed Sarandos on the differences between Netflix, a subscription offering, and YouTube,…
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