Netflix acquires Warner Bros., Trump says he wants to participate in acquisition decision
Netflix CEO Sarandos recently went to the White House to lobby for plans to acquire Warner Bros. and explore its business. (Reuters)
On Sunday (December 7th), US President Trump pointed out that Netflix's plan to acquire Warner Bros. Discovery's business may pose a problem as Netflix already has a significant market share.
Trump attended the Kennedy Center Honors ceremony that day and was asked about the deal, saying, "There must be a process, we'll see what happens... but it has a large market share, which could be a problem
Trump confirmed that Netflix CEO Sarandos recently went to the White House to lobby for the acquisition. He did not explicitly state whether he supports approving the transaction, but pointed out that this may lead to further concentration of market power in the entertainment industry. He said, "I will participate in that decision
However, Ed Yardeni, President of Yardeni Research, said, "I don't think this will really create a monopoly situation... The monopoly in the technology field cannot last long because there will always be people who find ways to compete with others, and there are also many other streaming services now
According to the betting data from Polymarket, a predictive market platform, the probability of Netflix completing this acquisition by the end of 2026 is 23%, lower than about 60% before Trump's related remarks.
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