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3 months ago

Trump warns Netflix-Warner Bros Discovery deal could be a problem, says he’ll be ‘involved’ in decision

President Donald Trump raised antitrust concerns over the proposed Netflix takeover of Warner Bros. Discovery on Sunday, warning that the combined market share could be a problem.Netflix on Friday agreed to acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max, in a cash-and-stock deal valued at $27.75 per Warner Bros. Discovery share. "It’s got to go through a process, and we’ll see what happens… Netflix is a great company, they’ve done a phenomenal job. [Netflix CEO] Ted [Sarandos] is a fantastic man, I have a lot of respect for him, but it’s a lot of m...