Trump says he'll be involved in review of Netflix-Warner Brothers deal - GREEN MAG

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7.12.25

Trump says he'll be involved in review of Netflix-Warner Brothers deal

Trump says he'll be involved in review of Netflix-Warner Brothers deal

By Jeff Mason

WASHINGTON, Dec 7 (Reuters) - U.S. President Donald Trump said on ​Sunday that he would have ‌a say whether a proposed merger betweenNetflixand ‌Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns.

"I'll be involved ⁠in that decision," ‌Trump told reporters as he arrived at the Kennedy Center ‍for its annual awards show.

Netflix on Friday agreed to buy Warner Bros Discovery's TV, film ​studios and streaming division for $72 billion, ‌a deal that would hand control of one of Hollywood's most prized assets to the streaming pioneer.

Trump did not say whether he favored approval for the ⁠deal, but he pointed ​to a potential concentration ​of market power in the entertainment industry.

"That's going to be for ‍some economists ⁠to tell…. But it is a big market share. There's no question ⁠it could be a problem," Trump said.

(Reporting By ‌Jeff Mason and Steve Holland; Editing ‌by Cynthia Osterman)