President Donald Trump has praised Netflix co-CEO Ted Sarandos, saying he has done “a phenomenal job”, while warning that the media streamer's proposed $82.7 billion purchase of Warner Bros. gives it a “very big market share” which “could be a problem,” raising questions over how his administration will handle the deal.

Trump was asked about the Netflix-Warner Bros. deal by Deadline's D.C. correspondent Ted Johnson ahead of Sunday night’s Kennedy Center Honors in Washington, D.C., his first public comments since the acquisition was announced last week.

Why It Matters

Netflix has agreed an $83 billion takeover of Warner Bros Discovery's TV and film studios, in a deal that hands one of Hollywood's most prized assets to the streaming giant.

Netflix won the deal at auction, seein

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