Trump, Netflix and Warner Bros
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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 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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Trump says Netflix-Warner Bros. deal could be a 'problem' and he will be involved in approval
President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros. Discovery "could be a problem" due to the amount of market share that the resulting company would have. The value of the deal balloons to more than $82 billion when accounting for debt.