Overview
- The president reposted a One America News op-ed on Truth Social urging authorities to "stop" Netflix’s purchase of Warner Bros. Discovery.
- Warner Bros. Discovery previously chose Netflix’s offer valued around $82.7 billion, a mix of cash and stock at about $27.75 per share.
- Paramount Skydance is pursuing a hostile all-cash tender at $30 per share, which the WBD board has rejected so far.
- Paramount’s chief legal officer Makan Delrahim has labeled the Netflix–WBD transaction “presumptively unlawful” and “clearly anticompetitive.”
- Industry coverage notes Trump’s intervention could affect the regulatory review and highlights his ties to David and Larry Ellison.