US President Donald Trump has weighed in on Netflix’s proposed acquisition of Warner Bros., warning that the streaming giant’s already sizable market share could become problematic. The nearly $83 billion deal, which has raised antitrust concerns, would give Netflix a substantial catalog of content, including classic films, popular franchises and recent blockbusters such as “Barbie.”
At the Kennedy Center Honors awards ceremony, Trump said he would be involved in the decision‑making process, which is currently under review by federal regulators. The acquisition would see Netflix absorb the competing streaming platform HBO Max and Warner Bros. studios, the producers of iconic titles like “Casablanca” and “Citizen Kane,” as well as the Harry Potter films, the Lord of the Rings saga, and DC Studios’ superheroes—including Batman, Superman and Wonder Woman.
The deal would not include television channels such as Discovery and CNN, which are slated to be spun off from Warner Bros. before the sale. Warner Bros. Discovery, the parent company, announced its intention to sell in October after receiving multiple unsolicited offers. Ultimately, it chose Netflix over other bidders, including cable operator Comcast and media group Paramount Skydance. Notably, Paramount’s chief, David Ellison, is a prominent supporter of Trump.
The proposed acquisition has sparked concern among Hollywood’s elite and raised questions about its impact on the entertainment industry. If approved, the transaction would markedly expand Netflix’s market share and could reshape the competitive landscape of streaming. As regulators continue their review, they will scrutinize the implications of the deal, and Trump’s involvement is expected to be closely watched. The outcome will have significant ramifications for the future of the entertainment sector, leaving many eager to see how the situation unfolds.
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