President Donald Trump signaled Sunday that Netflix’s proposed takeover of Warner Bros. Discovery might hit turbulence, telling reporters the massive merger “could be a problem” because of the market power the combined streaming giant would hold. “Well, that’s got to go through a process, and we’ll see what happens,” Trump said while walking the red carpet at the Kennedy Center Honors in Washington. “They have a very big market share. When they have Warner Bros., that share goes up a lot.” The $72 billion deal, which climbs to more than $82 billion with debt included, would fold Warner Bros.’ film
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President Donald Trump signaled Sunday that Netflix’s proposed takeover of Warner Bros. Discovery might hit turbulence, telling reporters the massive merger “could be a problem” because of the market power the combined streaming giant would hold. “Well, that’s got to go through a process, and we’ll see what happens,” Trump said while walking the red carpet at the Kennedy Center Honors in Washington. “They have a very big market share. When they have Warner Bros., that share goes up a lot.” The $72 billion deal, which climbs to more than $82 billion with debt included, would fold Warner Bros.’ film
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