What is President Trump's stance on the Netflix-Warner Bros. deal?

President Trump acknowledged the deal and expressed concern about the significant market share Netflix would gain.

Why are Hollywood groups worried about Netflix acquiring Warner Bros.?

Industry groups fear the acquisition poses a threat to the global exhibition business and raises significant concerns.

What is the value of the proposed Netflix and Warner Bros. merger?

The proposed deal is valued at $82.7 billion.

Home / Business and Economy / Trump on Netflix Buying Warner Bros.: 'A Lot of Market Share'

Trump on Netflix Buying Warner Bros.: 'A Lot of Market Share'

8 Dec

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Summary

President Trump commented on the proposed $82.7 billion Netflix-Warner Bros. acquisition.
He expressed concern about the significant market share Netflix would gain.
Industry groups, including theater owners, have voiced serious concerns about the deal.

Trump on Netflix Buying Warner Bros.: 'A Lot of Market Share'

President Trump has publicly commented on the proposed $82.7 billion acquisition of Warner Bros. by Netflix. While expressing respect for Netflix's co-CEO, Ted Sarandos, and acknowledging the company's success, Trump highlighted the substantial market share the combined entity would command. He indicated that the deal's approval would involve a review process and that economists would assess its implications.

Sarandos, meanwhile, has defended the acquisition, describing it as a rare opportunity to further Netflix's mission of entertaining the world. He emphasized the company's evolution from DVD rentals to streaming and original content, asserting the need for continuous innovation to meet audience demands in an increasingly competitive entertainment landscape.