Netflix, Donald Trump and Warner
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Donald Trump has threatened to personally intervene in Netflix’s $82 billion mega deal to acquire Warner Bros. Discovery. On Friday, Netflix agreed to pay $82.7 billion for Warner Bros., an offer that beat out bids by both Paramount and Comcast;
U.S. president Donald Trump stated he would have a say on whether the proposed merger between Netflix and Warner Bros would go ahead. “I’ll be involved in that decision,” Trump told reporters as he arrived at the Kennedy Center for its annual awards show.
President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him "fantastic" and more but also noted that a combined Netflix-Warner Bros. Discovery would "have a great big market share." That's "for some economists" to look at "and I'll be involved in that decision,
Donald Trump is already at war with the BBC. Now an American takeover deal increases the likelihood of ITV becoming a new target in his vendetta against mainstream media.
President Trump praised Netflix co-CEO, saying he has done “a phenomenal job”, while warning WBD purchase “could be a problem.”
Paramount Skydance has launched a hostile bid to buy Warner Bros. Discovery. It comes after Netflix announced a merger with Warner Bros. Dec. 5.