Eleven US states urge the Department of Justice to thoroughly investigate the Netflix-Warner Bros. deal

According to a letter obtained by Reuters, Republican attorneys general from 11 U.S. states have requested the Justice Department to thoroughly examine Netflix’s offer to purchase Warner Bros.’ studios and streaming assets, claiming that the merger jeopardizes American cinema dominance.

With Warner Bros. Discovery agreeing to take Paramount Skydance’s possible $31-per-share bid into consideration, Netflix is under increasing pressure to get over regulatory obstacles and make a higher offer.

The states that urged the Justice Department to examine the deal’s impact on streaming service users and the market for theatrical releases were led by Nebraska and Montana.

According to a letter obtained by Reuters, Republican attorneys general from 11 U.S. states have requested the Justice Department to thoroughly examine Netflix’s offer to purchase Warner Bros.’ studios and streaming assets, claiming that the merger jeopardizes American cinema dominance.

With Warner Bros. Discovery agreeing to take Paramount Skydance’s possible $31-per-share bid into consideration, Netflix is under increasing pressure to get over regulatory obstacles and make a higher offer.

The states that urged the Justice Department to examine the deal’s impact on streaming service users and the market for theatrical releases were led by Nebraska and Montana.