No 1 Is Happy About Netflix Buying Warner Bros.
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President Donald Trump says Netflix's Warner Bros. Discovery deal "could be a problem" as Senate prepares antitrust hearing on the $82.7 billion merger.
Paramount just launched at $30 offer for all of WBD, after Netflix won the bidding war.
If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.
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Trump says Netflix-Warner Bros. deal could be a ‘problem' and that he will be involved in approval
President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros. Discovery "could be a problem" due to the amount of market share that the resulting company would have. The value of the deal balloons to more than $82 billion when accounting for debt.