Donald Trump Comments On Netflix And Paramount Pursuit Of Warner Bros.
Deadline••business
Key Points:
- Paramount has made a hostile bid to acquire Warner Bros. Discovery in an effort to compete with Netflix's existing deal for the media company.
- Former President Donald Trump commented on the potential merger but did not express support for either Paramount or Warner Bros. Discovery, emphasizing the need to assess their market shares.
- Both companies are seeking Trump's favor as the Justice Department, under his administration, will review the proposed transaction.
- Trump stated he has not discussed the Paramount bid with his son-in-law Jared Kushner, whose private equity firm, Affinity Partners, is involved in the Paramount offer.
