he said<\/a>. \u201cThey have a very big market share, and when they have Warner Brother, that share goes up a lot, so I don\u2019t know. <\/p>\n\n\n\n\u201cThat\u2019s going to be for some economists to tell,\u201d Trump said, adding that he would also be involved in the decision.<\/p>\n\n\n\n
The comments came days after Netflix and Warner Bros. Discovery announced an agreement in which Netflix would acquire the company\u2019s studios and streaming divisions, including Warner Bros., HBO, DC Entertainment, and TNT Sports, in a cash-stock deal valued at roughly $82.7 billion. The deal followed a competitive bidding process involving Paramount Skydance and Comcast.<\/p>\n\n\n\n
Trump said Netflix chief Ted Sarandos visited the Oval Office last week, but he denied receiving any assurances about the merger. \u201cI have a lot of respect for him, he is a great person,\u201d Trump said. \u201cBut it’s a big market share, there\u2019s no question about it, it could be a problem.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
President Trump said the proposed acquisition of Warner Bros. by Netflix may present issues related to market share, according to remarks he made ahead of the Kennedy Center Honors in Washington, D.C. Speaking with reporters on the red carpet on Sunday, Trump was asked whether Netflix should be allowed to buy Warner Bros. \u201cWell that\u2019s […]<\/p>\n","protected":false},"author":7,"featured_media":62221,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[15,4077,4076,101,151,3957],"class_list":["post-62220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured","tag-mergers-acquisitions","tag-netflix","tag-trump-administration","tag-united-states","tag-warner-bros"],"yoast_head":"\n
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