Trump is the X factor in the Netflix-Warner Bros. deal. He’s already tipping the scales | Trump…

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Trump is the X factor in the Netflix-Warner Bros. deal. He’s already tipping the scales

Netflix is preparing for a lengthy legal review of its bid to buy Warner Bros., Paramount is launching a hostile takeover bid, and President Trump is keeping his options open.

The president expressed skepticism about the Netflix deal on Sunday night and said he’ll be “involved in that decision,” possibly portending a long and politically tainted review. But he also praised Netflix co-CEO Ted Sarandos, and did not explicitly come out against the deal. Nor has he posted anything critical about it on Truth Social.

On Monday morning, Paramount announced it would go straight to Warner Bros. shareholders with an all-cash offer it says is more valuable than Netflix’s deal.

Trump says Netflix, Warner Bros. deal 'could be a problem'; he'll be involved in approving

President Donald Trump expressed skepticism on Sunday night about Netflix's proposed acquisition of parts of Warner Bros. Discovery, saying the massive deal "could be a problem" because of how much market share Netflix would end up with.

Trump also said that he will be involved in the process of approving the deal, which was announced on Friday.

The streaming giant Netflix needs regulatory sign-off for its planned purchase of WBD's film studio and streaming properties, including HBO Max. The deal has an enterprise value of nearly $83 billion.

Paramount Skydance on Monday said it was launching a hostile bid to buy all of WBD after losing out to Netflix. Larry Ellison, the billionaire father of Paramount CEO David Ellison, is close to Trump.

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