WASHINGTON (AP) — President Donald Trump stated on Sunday that Netflix's proposal to acquire Warner Bros. Discovery for $72 billion presents potential challenges due to the increased size of their combined market share.
While walking the red carpet at the Kennedy Center Honors, Trump highlighted his engagement in overseeing whether federal regulators would approve the merger, which could unite two of the most significant streaming services globally along with Warner's television and film division.
Trump acknowledged Netflix as a formidable company, commending CEO Ted Sarandos, whom he recently met with, but expressed apprehension over the enhanced market dominance the merger would entail.
This deal must go through a process; we’ll see what happens, Trump remarked. He emphasized the importance of evaluating the ramifications of such a merger on the industry's competitive landscape, suggesting that it could lead to complications.
When questioned if Netflix should be permitted to acquire Warner Bros., he replied, That’s the question, reiterating concerns regarding Netflix's significant market presence and how their acquisition of Warner Bros. would amplify this.
Despite expressing respect for Sarandos, Trump maintained that the deal's implications could warrant concern. The entertainment industry is poised for significant changes, pending regulatory evaluations of the merger's potential effects.




















