Netflix Co-CEO to Testify in Senate Hearing on Warner Deal (1)

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.

The testimony will give the executives a chance to build support in Washington, where the deal faces a regulatory review. It’s being opposed by rival bidder Paramount Skydance Corp. and by ...