Trump hints at personal intervention in Netflix’s acquisition of Warner Bros.
The US President expressed Donald Trump expressed his concern about the deal planned by the company "Netflix" To acquire a company "Warner Brothers" Owner of the network "Discovery" And the famous streaming platform "HBO"As part of an agreement worth up to $72 billion.
Trump said at an event held in Washington, D.C., on Sunday: "Netflix" Enjoy "With a large market share" And the total size of the two companies "That might be a problem"
Trump added that he would personally be involved in the decision to approve the deal or not, and repeatedly stressed the size of Netflix’s market share.
Meanwhile, Trump praised Ted Sarandos, Netflix’s co-CEO, who recently visited the Oval Office, saying: "I have great respect for him. He is a wonderful person. He has accomplished one of the greatest works in the history of the film industry"
Sarandos previously acknowledged that the agreement may have surprised investors, but said it was an opportunity to… "Netflix" In a position that qualifies it to succeed "The coming decades"
The two companies announced on Friday that they had reached an agreement to bring the famous works they produced to… "Warner Brothers" like "Harry Potter" and"Game of Thrones" to "Netflix"which led to the creation of a new media giant.
Competition authorities have not yet approved the planned deal, which has raised concerns among some in the sector.
Under this agreement, many global entertainment franchises, such as "Looney Tunes"and"The Matrix"and"Lord of the Rings" To Netflix. The deal is expected to be completed after the division of the Warner Brothers business in the second half of 2026.
The US Department of Justice’s Competition Administration, which oversees major mergers, objected that the deal violates the law if the combined companies represent too large a share of the broadcast market.
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