Netflix – Warner Bros Merger: Trump Flags Concerns Over $83 Billion
The entertainment industry is abuzz after U.S. President Donald Trump voiced reservations about Netflix’s bid to acquire the iconic Warner Bros. studio for nearly $83 billion. The blockbuster deal would merge one of the world’s largest streaming platforms with one of Hollywood’s most storied studios. It has already triggered antitrust alarms across Washington and Hollywood alike. Speaking to reporters at the Kennedy Center Honors awards ceremony, Trump said he would be “involved in that decision.” He was referring to the federal review process expected to scrutinize the merger. “Netflix already has a very large market share,” he said. “It could…
