Bringing iconic stories: Netflix to its users about $72 billion Warner Bros deal4Photo1Video© hindustantimes.com

Bringing iconic stories: Netflix to its users about $72 billion Warner Bros deal

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Donald Trump used his high-profile appearance at the Kennedy Center Honors to cast doubt over Netflix’s blockbuster 72 billion dollar bid for Warner Bros., hinting he may personally move to rein in the mega-merger on antitrust grounds and sending shockwaves through Hollywood and rival streamers alike.

While acknowledging Netflix’s success and confirming recent talks with co-CEO Ted Sarandos, Trump warned that the combined company’s “very large” market share “could be a problem” and vowed to be “involved in that decision,” reviving memories of his earlier opposition to the AT&T–Time Warner tie-up and raising fears in the industry that the deal could be slowed, reshaped, or even blocked.​

Well, that’s got to go through a process, and we’ll see what happens,
Donald Trump,
Trump warns Netflix-Warner deal may pose antitrust ‘problem’