Trump says if Netflix buys Warner Bros. its market share 'could be a problem'
The article discusses former President Trump's comments on Netflix's proposed acquisition of Warner Bros. Discovery. Trump stated that the deal's potential market share "could be a problem" and that he will be personally involved in the approval process. The article notes that the combined market share of Netflix and HBO Max would account for around 33% of the US streaming video market, surpassing Prime Video's 21% share, which could attract scrutiny from the US Justice Department's antitrust division. While Netflix's co-CEO Ted Sarandos met with Trump and argued that the acquisition would not create a monopoly, the article suggests that the deal may face headwinds, with Paramount potentially launching a hostile bid and concerns from Hollywood's unions and guilds over potential changes to Warner Bros.' theatrical distribution and production jobs.
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