Netflix takeover of Warner Bros 'could be a problem', Trump says
Donald Trump has said he will be "involved" in the decision on whether Netflix should be allowed to buy Warner Bros, as the $72bn (£54bn) deal attracts a media industry backlash.
Netflix has seen its shares fall sharply despite upbeat financial results revealed hours after it simplified an offer for Warner Bros in a bid to get the deal over the line.
The board of Warner Bros Discovery (WBD) has urged its shareholders to reject an amended hostile bid by Paramount Skydance while maintaining its unanimous support for a rival offer by Netflix.
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Warner Bros is reportedly set to reject a hostile $108bn (£81bn) takeover bid from Paramount, with one of the prospective buyer's financing partners confirming it's pulled out of the offer.
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17-12-2025, 02:08 AM
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