US President Donald Trump raised potential antitrust concerns around Netflix's planned $72 billion acquisition of Warner Bros. The transaction would combine the world's No.
Donald Trump has thrown fresh uncertainty over Netflix Inc (NASDAQ:NFLX, XETRA:NFC) planned $72 billion takeover of Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A)y, warning that the combined group's enlarged market share “could be a problem”. His off-the-cuff remarks, made as he arrived at the Kennedy Center on Sunday, were enough to rattle both prediction markets and early trading, with bets on the deal closing by 2026 dropping sharply.
Donald Trump has said he will be "involved" in the decision on whether Netflix should be allowed to buy Warner Bros, as the $72bn (£54bn) deal attracts a media industry backlash.
U.S. stocks had a positive Friday, with the S&P 500 securing its ninth winning session in 10. Netflix to buy Warner Bros.
Political commentator Benny Johnson weighs in on Netflix's plans to purchase Warner Brothers and HBO on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow#bennyjohnson #johnson #netflix #warnerbrothers #hbo #streaming #mediaindustry #hollywood#democrats #democraticparty #democrat #politics #political #politicalnews #government #entertainment #business #mergers #tech #culture
The combination puts the studios behind ‘Casablanca' and ‘The White Lotus' together with a streaming giant that is jumping into live events and gaming.
Comments by President Donald Trump on Sunday raised an antitrust red flag over Netflix's $72 billion deal to acquire Warner Bros. Discovery.
U.S. stocks had a positive Friday, with the S&P 500 securing its ninth winning session in 10. Netflix to buy Warner Bros.
U.S. President Donald Trump said on Sunday that he would have a say whether a proposed merger between Netflix and Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns.
The president said the $72 billion deal “could be a problem.”
CNBC's Chery Kang and Mandy Drury discuss the implications of Netflix's bid for Warner Bros Discovery, examining how the move by the world's dominant streamer could reshape its international markets.
Will Netflix's $82.7 billion deal to acquire Warner Bros. get approval from federal regulators?