Trump Against Netflix Buying Warner Bros, At Least Right Now
Deadline••business
Key Points:
- Former President Donald Trump retweeted a One America News opinion piece opposing Netflix's $83 billion bid to acquire Warner Bros. Discovery's streaming and studio assets, framing it as a threat to cultural pluralism and free expression.
- The opinion piece, authored by MAGA lawyer John M. Pierce, criticized Netflix for promoting progressive narratives and urged regulators to prioritize antitrust action against the merger, favoring Paramount's $108 billion hostile takeover offer instead.
- Paramount, led by David Ellison, is intensifying efforts to sway shareholders ahead of a January 21 deadline, arguing it faces fewer regulatory hurdles than Netflix in acquiring Warner Bros.
- Trump has expressed concerns about Netflix's growing market share and is believed to have a close relationship with Ellison,
