President Trump Bought Netflix Bonds Amid Warners Fight
The Hollywood Reporter • • general
Key Points:
- President Donald Trump increased his investment in Netflix bonds in January, purchasing between $600,000 and $1.25 million in addition to a December purchase of $500,000 to $1 million worth of Netflix debt, according to White House financial disclosures.
- Despite Paramount winning the bid for Warner Bros. Discovery, Trump’s new disclosures show no recent purchases of Warner Bros. Discovery bonds, though he did acquire bonds from SiriusXM and other companies like General Motors, Occidental, Boeing, and Coreweave.
- A White House official stated that Trump’s investments are managed by independent managers who replicate established indexes, with no direct input from Trump or his family on investment decisions.
- The timing of Trump’s Netflix bond purchases coincided with Netflix CEO
