Trump dials back on Warner Bros.-Netflix deal influence
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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.
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Trump Says He ‘Won't Be Involved' in Justice Department Review of Warner Bros. Discovery Sale
President Donald Trump says he will not be personally involved in the Justice Department’s pending antitrust review of Netflix’s proposed acquisition of Warner Bros. Discovery. Trump told NBC News anchor Tom Llamas that he made the decision to leave the process to the Justice Department during a pre-recorded interview that will air Sunday in advance
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.
Netflix's Co-CEO, Ted Sarandos. addressed concerns about the potential Warner Bros. merger by pointing out the service's 'one-click cancel' policy, allowing subscribers to leave easily if unhappy.
By Kanishka Singh WASHINGTON, Feb 4 (Reuters) - U.S. President Donald Trump said on Wednesday he will stay out of the Netflix and Paramount Skydance fight over Warner Bros Discovery, a reversal from late last year when he said he would be involved in reviewing the deal.
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Ted Sarandos Goes to Washington: What Matters as Netflix's Chief Spars With Skeptical Lawmakers
In a precursor to Netflix's arguments if the deal lands in court, the CEO argued that the company's main rival is YouTube as it competes for the time and attention of viewers.
Yesterday, Netflix co-CEO Ted Sarandos went to Congress to answer for some fairly valid concerns (that the company’s potential acquisition of Warner Bros. would put the company too close to being a monopoly) and ended up answering for some completely nonsensical ones.