Trump warns Netflix’s $83bn deal for Warner Bros poses competition concerns

AI Summary
Donald Trump has expressed concerns about potential competition issues arising from Netflix's $83 billion deal to acquire Warner Bros., suggesting government intervention may be necessary. He highlighted Netflix's existing large market share and the potential for it to increase significantly post-acquisition, possibly exceeding acceptable thresholds. The deal, expected to close in late 2026 pending regulatory approval in the US and Europe, would give Netflix control of major franchises and HBO. While Netflix disputes market share concerns, arguing for a broader view of the media landscape, industry voices and unions have also called for the deal to be blocked. Trump acknowledged a recent visit from Netflix's co-CEO and praised his work, but suggested his preference for Paramount's bid due to its ties to a supporter.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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