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Eleven US states urge DOJ to thoroughly probe Netflix-Warner Bros. deal
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Eleven US states urge DOJ to thoroughly probe Netflix-Warner Bros. deal
Mar 11, 2026 5:31 AM

Feb 25 (Reuters) - Republican attorneys general from 11 U.S. states have urged the U.S. Department of ​Justice to conduct a ‌thorough review of Netflix's ( NFLX ) bid to acquire ⁠studio and streaming assets from Warner ⁠Bros., saying the deal ‌threatens U.S. ‌dominance in movies, according to a letter seen ​by Reuters.

While Warner ‌Bros. has accepted Netflix's ( NFLX ) $82.7 billion offer, the storied studio ​said on Tuesday ​that ‌its board is considering a rival bid from Paramount Skydance, which has ⁠argued Netflix's ( NFLX ) bid faces taller ⁠regulatory hurdles.  

The state attorneys general urged the DOJ to scrutinize how the deal would affect customers ⁠of ‌streaming services, as well ‌as the market for theatrical movie ⁠releases.

The deal "will likely result in undue market concentration that stifles competition and therefore creates higher prices, lower reliability, and less innovation for one of America's ​major industries-all to the detriment of American consumers," they wrote.

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