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Netflix CEO: Trump Interest in Warner Deal Not Improper

Summary

  • Netflix co-CEO addressed President Trump's interest in the proposed merger.
  • Sarandos argued the Netflix-Warner Bros. deal benefits consumers.
  • He refuted claims of antitrust issues, citing YouTube's market dominance.
Netflix CEO: Trump Interest in Warner Deal Not Improper

Netflix co-CEO Ted Sarandos addressed concerns regarding President Donald Trump's interest in the proposed merger with Warner Bros. Speaking on the red carpet at the DGA Awards, Sarandos noted Trump's keen understanding of the entertainment business and expressed confidence that his interest was not improper, stating the matter rests with the DOJ. He reiterated his earlier testimony to the Senate, emphasizing the competitive nature of the media marketplace and arguing that the proposed deal poses no antitrust risk. Sarandos pointed to YouTube's substantial presence in TV time as evidence of this intense competition. He also assured that Netflix plans to support and enhance Warner Bros. brands, including its theatrical releases, and refuted claims about the amount of "trans ideology" content on the platform, emphasizing viewer control over content.

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