Donald Trump, Warner Bros. and Paramount chief
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Paramount Skydance this week gatecrashed Netflix's £62bn takeover of the historic studios behind films such as Citizen Kane and Casablanca..
Netflix and Paramount escalate bids for Warner Bros. Discovery in a high-stakes takeover fight as investors assess competing offers and deal risks.
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Trump says Netflix deal to buy Warner Bros. ‘could be a problem’ because of size of market share
President Donald Trump said Sunday that a deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share. “There’s no question about it,” Trump said,
The entertainment industry was already reeling from the earth-shattering news of Netflix's deal to buy Warner Bros. and HBO. However, the proposed mega-merger just hit a massive, unexpected political roadblock.