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Trump Says He Will Weigh In on Netflix–Warner Deal, Flags Market-Share Risks

The president said the proposed acquisition faces a formal antitrust process and questioned whether the combined service would be too large.

Overview

  • Trump told reporters the companies would need to pass a defined review and said Netflix's share is already large and could rise significantly with Warner Bros.
  • Bloomberg reported the transaction is valued at roughly $72 billion and would pair the top streaming platform with HBO Max, described as the fourth-largest service.
  • The Justice Department’s Antitrust Division is expected to handle the review, and the agency could argue the merged entity would exceed a 30 percent market-share threshold.
  • Trump confirmed he recently met Netflix co-CEO Ted Sarandos, praised his work, and said he will be personally involved in the decision.
  • Reporting indicates Netflix is expected to argue that services such as YouTube and TikTok belong in the market definition, which would reduce any appearance of dominance.