Trump says he’ll have a final say in the Netflix – Warner Bros deal | Infinium-tech
A blockbuster deal struck the streaming sector last Friday when Netflix announced its plans to acquire Warner Bros. for $83 billion. While that deal is expected to be finalized in the next 12-18 months, pending regulatory approval, US President Donald Trump is certain he will have a say in the final decision.
Trump expressed his opinion before hosting the Kennedy Center Honors ceremony last night in Washington, DC, claiming “he will be involved in the decision” while also adding that “it’s a lot of market share, so we’ll have to see what happens”.
Netflix is the world’s most popular streaming service and already holds an estimated 22% market share of US streaming services, tying it for first place with Amazon’s Prime Video. HBO Max is just one spot behind with a 14% share of the US streaming market. It remains to be seen how Netflix plans to integrate Warner Bros.’s massive catalog of movies and TV show franchises and whether the two streaming services will be combined into one.
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