Trump says Netflix-Warner Bros. deal could be a 'problem' and he will be involved in approval

President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros.

President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros. Discovery "could be a problem" because of the amount of market share the resulting company would have.

The value of the deal balloons to more than $82 billion when debt is accounted for.

Netflix said Friday it would purchase Warner Bros. Discovery's film studio, HBO and the streaming service HBO Max. If the deal is approved, Netflix would also get access to decades of films and shows in the Warner Bros. Pictures archive.

The deal would not include cable networks owned by Warner Bros. Discovery, such as CNN and TNT.

Trump expressed some skepticism Sunday about the prospects of approval.

https://www.nbcnews.com/news/us-news/trump-says-netflix-warner-bros-deal-problem-will-involved-approval-rcna247923


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