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Story summary
- Clete Willems, Netflix's chief global affairs officer, said the Department of Justice's probe into Netflix's $82.7 billion acquisition of Warner Bros. Discovery is standard procedure and that Netflix remains transparent.
- He criticized Paramount Skydance's bid, saying it would cause significant job cuts while Netflix creates jobs.
- He said the deal would benefit consumers by increasing content availability.
- The DOJ has not commented on the investigation.
- An investor meeting on the acquisition is scheduled for April.
