Trump warns Netflix’s buyout of Warner Bros. could face challenges due to market share concerns.
President Donald Trump heaped praise on Netflix CEO Ted Sarandos, calling him a «fantastic man», and celebrated the huge success of his company, while also warning that a potential merger between Netflix and Warner Bros. Discovery «could be a problem» because of its extremely high market share. To be frank, Netflix buying out Warner Bros. Discovery would absolutely devastate the art of filmmaking.
This disaster looms largely because of the methodical, analytics-driven approach the company takes to producing films and series. Rather than take creative risks, Sarandos and Netflix executives hedge their bets by only approving projects that line up with their analytical data. Imagine a young George Lucas pitching Star Wars to Netflix today. Because it likely wouldn’t match the analytics, the company would reject it. What a major cultural loss that would be. The impact would be incalculable.
Sure, such a strategy might shrink losses when certain films don’t deliver desired results, but the contribution to the art by taking risks on lesser-known directors and writers still matters enormously.
