Donald Trump has threatened to personally intervene in Netflix’s $82 billion mega deal to acquire Warner Bros. Discovery.
On Friday, Netflix agreed to pay $82.7 billion for Warner Bros., an offer that beat out bids by both Paramount and Comcast; however, the mammoth deal still needs to be approved by regulators.
During a red carpet appearance at the Kennedy Center Honors in Washington D.C. on Sunday, Trump confirmed he had met with Netflix co-CEO Ted Sarandos at the White House last week ahead of the winning bid.
“That’s gotta go through a process, and we’ll see what happens,” Trump said. “Netflix is a great company they’ve done a phenomenal job, Ted is as fantastic man I have a lot of respect for him... but it’s a lot of market share, so we’ll have to see what happens.”
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