Netflix–Warner Bros deal: Trump concerned over OTT giant’s ‘large market share’; asserts he will be ‘involved’

President Trump expressed concerns over Netflix’s proposed multi-billion-dollar acquisition of Warner Bros., citing the streaming giant’s significant market share and potential for market dominance. He indicated White House involvement in the decision, as federal authorities …

President Trump expressed concerns over Netflix’s proposed multi-billion-dollar acquisition of Warner Bros., citing the streaming giant’s significant market share and potential for market dominance. He indicated White House involvement in the decision, as federal authorities review the deal amid antitrust worries from Hollywood. Despite his reservations, Trump praised Netflix co-CEO Ted Sarandos.

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