When asked about the blockbuster $72 billion deal in which Netflix agreed to acquire Warner Bros. Discovery’s film and streaming assets, including HBO Max and major studios, President Trump said Sunday that the merger “could be a problem.” He cautioned that the combined entity’s market share would become “very big,” and affirmed that he will be personally involved in the decision-making process over whether the deal gets approval.
In comments delivered at the Kennedy Center Honors, Trump expressed admiration for Netflix, calling it a “great company” and praising co-CEO Ted Sarandos as “fantastic.” But despite his praise, he signalled that the sheer scale of the merger forces regulatory scrutiny. “When they have Warner Bros., you know, that share goes up a lot. It could be a problem,” he added.
The deal, announced on December 5, would combine streaming giant Netflix with the storied studios and content library of Warner Bros., including franchises like DC Comics, HBO shows, and major film properties. Industry analysts warn the merger could reshape the global entertainment landscape and raise antitrust concerns.
Underlining the seriousness of the White House stance, a senior official told regulators the administration views the deal with “heavy skepticism,” according to media reports.
For Netflix and Warner Bros., the road to regulatory approval just became steeper. The deal will now face scrutiny from antitrust authorities in the U.S. — and possibly additional pressure from lawmakers, industry unions, and consumer advocacy groups concerned about reduced competition, higher prices, and fewer choices for viewers.
As the entertainment world braces for a potential shake-up, the final outcomes — whether the merger proceeds, is blocked or altered — will have far-reaching consequences for streaming competition, Hollywood production, and viewers worldwide.
