Trump, Netflix and Warner Bros.
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Donald Trump has threatened to personally intervene in Netflix’s $82 billion megadeal 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;
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Donald Trump throws cold water on $72B Netflix–WB megadeal – warns it could be a problem
Donald Trump was the latest public figure to weigh in on the historic Netflix and Warner Bros. merger. According to the BBC, the U.S. President attended an event at the John F Kennedy Centre in Washington,
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.”
President Trump praised Netflix co-CEO Sarandos, saying he has done “a phenomenal job”, while warning proposed WBD purchase “could be a problem.”
US president’s red-carpet remarks send ripples through a global entertainment industry bracing for one of the century’s biggest media mergers
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