President flags concerns over streaming dominance
US President Donald Trump expresses doubts about Netflix’s planned $72 billion acquisition of Warner Brothers Discovery. He tells an audience in Washington that Netflix already controls a large portion of the streaming market. He warns that merging the two companies could create serious competition problems. On Friday, both firms announce an agreement to bring major Warner franchises, including Harry Potter and Game of Thrones, to Netflix. The deal still requires approval from regulators. Requests for comment to the companies and the White House remain unanswered.
Netflix seeks to cement global leadership
Netflix grows from a DVD-by-mail service in 1997 into the world’s largest subscription streaming platform. The takeover ranks among the biggest moves in the entertainment industry in recent years. It would further strengthen Netflix’s dominant position. Under the agreement, franchises such as Looney Tunes, The Matrix, and The Lord of the Rings would move to Netflix. Both companies expect the merger to close after Warner Bros completes a planned business split in the second half of 2026.
Regulators assess antitrust implications
The US Justice Department’s competition division may argue the merger breaches antitrust law if the combined company controls too much of the market. Trump says at the Kennedy Center that Netflix already holds a significant market share, which would grow further if the deal proceeds. He adds that he will personally participate in the approval process.
Trump praises Netflix co-CEO Sarandos
Trump notes that Netflix co-chief Ted Sarandos recently visited the Oval Office and commends his leadership. He describes Sarandos as a respected figure who has delivered major achievements in modern film. Sarandos acknowledges that the deal may have surprised investors but positions Netflix for long-term growth.
Experts point to structural differences
Media executive Blair Westlake says in a radio interview that the main antitrust concern comes from combining Netflix with HBO’s streaming business. He notes that Netflix produces less content than Warner’s studios and has a smaller library. Westlake expects regulators to approve the deal but predicts concessions will be required.
White House could influence final decision
Bill Kovacic, former chair of the Federal Trade Commission, says Trump’s remarks suggest the White House will guide discussions on merger issues. He warns this could bring an unprecedented level of presidential involvement to a process previously driven by technical review.
Netflix outbids major rivals
Netflix beats competitors including Comcast and Paramount Skydance to secure the Warner Bros agreement. Paramount Skydance previously tried to acquire the entire company, including its cable networks. Warner Bros rejects that bid, leaving the way open to new offers. David Ellison of Paramount Skydance receives support from his father, Larry Ellison, a close Trump ally.
Writers’ unions call for merger to be blocked
The Writers Guild of America’s East and West branches urge regulators to halt the deal. They argue that the world’s largest streaming platform absorbing a major rival undermines antitrust law. They warn that approval would cut jobs, reduce wages, worsen working conditions, raise prices, and limit both the quantity and variety of content available.
