Trump, Netflix and Warner Bros
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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;
President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him “fantastic” but also noted that a combined Netflix-Warner Bros. Discovery would “have a very big market share.”
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.”