U.S. lawmakers pressed Netflix over rising overseas production at a Senate antitrust hearing. Co-CEO Ted Sarandos said Korean-language productions made with Korean actors and crews are produced locally for the South Korean market and should be treated separately, adding most other content investment is in the United States. Senators raised concerns that Netflix\'s planned $82.7 billion acquisition of Warner would boost market power, while Netflix cited its share of total TV viewing time.

Netflix could further strengthen its position in the TV market if it completes the acquisition of Warner Bros, with some observers expecting it to gain greater leverage over TV manufacturers. Netflix has asked TV makers to include a dedicated remote button and place its app first on home screens. Some industry sources say Netflix makes stronger demands than other streaming services. Regulators in Britain and the European Union are reviewing the deal.