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Chronicles

The story behind the story

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President Trump says Netflix's WBD deal has “got to go through a process”, its big market share “could be a problem”, and he will be involved in the decision

President Donald Trump raised potential antitrust concerns for Netflix Inc.'s planned acquisition …

Bloomberg

Discussion

  • @nick_field90 Nick Field on x
    Ted Sarandos was a frequent Democratic donor, but didn't give any money at all in 2024. Just like Bob Iger. These are the people Kamala Harris thought were her friends who abandoned her even before the election https://x.com/...
  • @senwarren Elizabeth Warren on x
    Donald Trump said he'll “be involved in” deciding if Netflix can buy Warner Bros. Is that an open invite for CEOs to curry favor with Trump in exchange for merger approvals? It should be an independent decision by the Department of Justice based on the law and facts.
  • @ronfilipkowski Ron Filipkowski on x
    I don't care if the deal isn't approved on antitrust grounds. Media company consolidation is a crime inflicted on America just like Citizen's United. But if it is done to steer this deal to his pal Ellison to create an even worse situation, that would be yet another travesty.
  • @nick_field90 Nick Field on x
    Translation: Netflix will need to pay a follow-up bribe as well https://x.com/...
  • @ernestwongbwm Ernest Wong on x
    I believe Netflix's proposed deal for Warner is wildly misunderstood by nearly all parties. Netflix's play is NOT to acquire Warner to add HBO content into Netflix, but use its reach to make HBO Max reach its full potential a standalone service. 🧵 $NFLX
  • @atrupar Aaron Rupar on x
    Q: Should Netflix be allowed to buy Warner Brothers? TRUMP: That's a question. They have a very big market share. I'll be involved in that decision [video]
  • @brianstelter Brian Stelter on x
    Important to always note: Trump can slow down Netflix-Warners, and can make the process more painful, but he does not get a literal veto. In 2017 the Justice Dept sued to stop AT&T's mega-deal for Time Warner. The companies fought back in court, won, and merged.
  • @rapidresponse47 @rapidresponse47 on x
    .@POTUS on the Netflix deal to acquire Warner Bros.: “That's gotta go through a process, and we'll see what happens. Netflix is a great company... but it's a lot of market share, so we'll have to see what happens.” [video]
  • @mrgq @mrgq on bluesky
    Same as if Skydance / Paramount would have acquired it as it was their expectation.
  • @fagankara @fagankara on bluesky
    1. Golden share  —  2. Extreme maga content
  • @hunterwalk.com @hunterwalk.com on bluesky
    not since the Steele Dossier pee tape has Trump cared about streaming this much [embedded post]
  • @rphilly Robin Phillips on bluesky
    He doesn't even know what that means!  He's a buffoon!
  • @caseynewton Casey Newton on bluesky
    This “process” is going to end with Trump being awarded the 2025 Netflix Peace Prize [embedded post]
  • @tracinski Rob Tracinski on bluesky
    “I'll be involved” is another big broken norm.  [embedded post]
  • @kevin@mastodon.km6g.us Kevin P. Fleming on mastodon
    @Techmeme B.S. This admin will cater to billionaires over everything else.