Trump said Netflix’s $72 billion acquisition of Warner Bros and their combined market share could be a problem.
President Donald Trump is getting involved in the Netflix-Warner Bros. deal.
On Friday, Netflix announced that it would acquire Warner Bros., including its TV and film studios, HBO and HBO Max, for $72 billion. If the deal goes through, it will be Netflix’s biggest acquisition to date.
Speaking to reporters at the Kennedy Centre on Sunday, Trump said Netflix is a great company that has done a “phenomenal job.”
But he added, “They have a very big market share, and when they have Warner Brothers, you know, that share goes up a lot.
