Netflix Execs Vow to Keep Warner Bros. Movies in Theaters, Hint at HBO Bundle

Netflix’s bid for Warner Bros. Discovery (WBD) has ignited antitrust alarms, job-loss fears, and doomsday warnings for cinema. But the streamer’s co-CEOs insist the megadeal will be a win for consumers and Hollywood alike.

“We are very confident that regulators should and will approve it,” said Netflix co-CEO Greg Peters at the UBS Global Media and Communications Conference on Monday. “At the end of the day, it’s pro-consumer, delivers more value to those folks. It’s…