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Trump Says He'll Weigh In On Netflix's $72B Bid For Warner Bros., Flags Antitrust Concerns

Trump Says He'll Weigh In On Netflix's $72B Bid For Warner Bros., Flags Antitrust Concerns

President Donald Trump said he expects to play a role in reviewing Netflix's proposed $72 billion purchase of Warner Bros. Discovery's TV, film and streaming units. Speaking at the Kennedy Center, he flagged the combined company's market share as a potential concern and said economists and regulators should assess the antitrust risks. Trump did not indicate whether he would support approval, and experts note large media mergers typically face close scrutiny.

WASHINGTON, Dec 7 — U.S. President Donald Trump said on Sunday he expects to be involved in the review of Netflix's proposed $72 billion acquisition of Warner Bros. Discovery's television, film and streaming divisions.

Arriving at the Kennedy Center for its annual awards show, Trump told reporters, "I'll be involved in that decision."

Netflix said on Friday it has agreed to acquire Warner Bros. Discovery's TV and film studios and its streaming business in a transaction valued at $72 billion, a deal that would place one of Hollywood's largest content libraries under the control of the streaming pioneer.

"That's going to be for some economists to tell.... But it is a big market share. There's no question it could be a problem," Trump said, pointing to potential concentration of market power in the entertainment industry.

Trump did not say whether he would back or oppose regulatory approval, instead emphasizing that experts and regulators would need to assess the potential antitrust implications. Large media mergers often attract scrutiny over market share, distribution control and consumer choice — issues that could shape any review.

Possible Implications

If regulators or courts determine the combined company would unduly limit competition, the deal could face conditions, divestitures or even rejection. For consumers and the industry, the merger could reshape content licensing, streaming competition and film and TV production strategies.

(Reporting By Jeff Mason and Steve Holland; Editing by Cynthia Osterman)

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