Trump dials back on Warner Bros.-Netflix deal influence
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President Donald Trump said Netflix and Paramount Skydance have called him about Warner Bros. Discovery but said he's not getting involved.
Donald Trump told NBC Nightly News anchor Tom Llamas that he has decided that he “shouldn’t be involved” in his administration’s review of the Netflix-Warner Bros. merger or if Paramount succeeds in its hostile bid.
“Time to put up or shut up” for David Ellison if he wants to own the Warner Bros. Discovery media empire – and he’s got a couple of weeks to decide. That’s the message coming from WBD’s mercurial CEO David Zaslav,
Regulators are already concerned that a Netflix-Warner Bros. deal could raise significant antitrust issues.
EXCLUSIVE: Ted Sarandos’ testimony tomorrow in front of a pivotal Senate subcommittee looks to be strewn with MAGA landmines that are intended to blow up Netflix’s path to buying most of Warner Bros.
Should it win the battle for Warner Bros., Paramount said it would review real estate holdings, cut duplicative jobs and shave programming expenses to achieve $6 billion in savings.