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Trump flags concerns over Netflix Warner Bros bid

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Trump flags concerns over Netflix Warner Bros bid

US President Donald Trump said Sunday he will be involved in federal regulators' decision on Netflix's nearly $83 billion bid for Warner Bros., calling the streamer's market share very large and potentially a problem. Speaking on arrival at the Kennedy Centre Honours, he also praised Netflix co-CEO Ted Sarandos, who recently visited the White House, saying he has done one of the greatest jobs in the history of movies. The proposed deal would fold HBO Max and Warner Bros. into Netflix, a move that has already drawn antitrust concerns and ire among Hollywood's elite.

Prepared by Christopher Adams and reviewed by editorial team.

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