Netflix’s $83bn WBD deal ‘could be a problem,’ says Trump despite private meeting with Ted Sarandos
US President Donald Trump said he plans to personally look into Netflix’s proposed $83 billion purchase of Warner Bros. Discovery (WBD). Trump suggested that Netflix already holds a major position in the market, and buying WBD could make it even bigger.
Trump’s comments could be a setback for Netflix co-CEO Ted Sarandos, who, according to Bloomberg, visited the White House in mid-November for a private meeting with President Donald Trump and left feeling that Netflix would not face resistance from the White House, something his rival Paramount Skydance was loudly claiming.
