Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click

Netflix’s co-CEO told lawmakers the company’s merger deal with Warner Bros. Discovery won’t hurt its customers and said subscribers can make sure of that.

Speaking Tuesday before the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Ted Sarandos repeatedly rejected claims that the merger would lead to concentration in the streaming industry if regulators allow it to go through.

Still, Sen. Amy Klobuchar (D-Minn.) pointed out Netflix last year raised prices while continuing to add subscribers. In 2025 Netflix raised its lowest-tier plan with ads by $1 per month and its two higher tiers, a standard plan with no ads and its premium plan, by $2.50 and $2, respectively.

Klobuchar said she feared if Netflix acquired Warner Bros. and its streamer HBO Max, the third most popular in the U.S. by subscribers, it would be incentivized to raise prices.

Sarandos pushed back on the idea that Netflix would suddenly become a bad deal, saying the company has given its subscribers top value for their money during past price hikes.

“Whenever we come back and ask for a little more money it’s because we’ve given them a lot m...