President Donald Trump said Sunday that the proposed $72 billion merger between Netflix and Warner Bros. Discovery "could be a problem" due to the amount of market share that the resulting company would have.
The value of the deal balloons to more than $82 billion when accounting for debt.
Netflix said Friday it would purchase Warner Bros. Discovery's film studio, HBO and streaming service HBO Max. If approved, Netflix would also get access to decades of films and shows in the Warner Bros. Pictures archive.
The deal would not include cable networks such as CNN and TNT currently owned by Warner Bros. Discovery.
Trump on Sunday expressed some skepticism about the prospects of approval.
"Well, that’s got to go through a process, and we’ll see what happens," he told reporters as he wal

NBC Chicago Entertainment

KWTX News 10
Fortune
Raw Story
TODAY Video
Chicago Tribune Politics
America News