Netflix co-CEO Ted Sarandos says consumers have ‘one-click solution’ in case they feel…
Netflix co-CEO Ted Sarandos defended the proposed $72 billion acquisition of Warner Bros. Discovery's streaming assets before lawmakers, asserting that the "one-click cancel" feature safeguards consumers from price hikes. He argued that past price increases were justified by enhanced content value, with subscribers paying only 35 cents per hour of content consumed.
Netflix co-CEO Ted Sarandos defended the proposed $72 billion acquisition of Warner Bros. Discovery's streaming assets before lawmakers, asserting that the "one-click cancel" feature safeguards consumers from price hikes. He argued that past price increases were justified by enhanced content value, with subscribers paying only 35 cents per hour of content consumed.
