""This is a business deal. It's not a political deal," Ted Sarandos, the co-CEO of Netflix, told the BBC's Today program on Monday, referring to the company's bid to buy Warner Bros. "This deal is run by the Department of Justice in the US, and regulators throughout Europe and around the world." When asked about how big a deal it was for the president to weigh in on Rice, Sarandos said: "He likes to do a lot of things on social media.""
"In a Saturday Truth Social post, Trump called on Netflix to fire Rice, a former US ambassador and national security advisor in the Obama and Biden administrations, from its board of directors. Trump was responding to comments Rice made in a podcast about corporations that "take a knee to Trump," warning that they could face retribution from a future Democratic administration."
Netflix positions its bid to acquire Warner Bros. as a business transaction rather than a political action. The proposed deal requires approval from the U.S. Department of Justice's antitrust division and regulatory review across Europe and other jurisdictions. The U.S. president posted on Truth Social urging Netflix to remove Susan Rice from its board after Rice warned that corporations that "take a knee to Trump" could face retribution from a future Democratic administration. Netflix leadership characterized the president's intervention as social media behavior. Netflix is competing with Paramount in the Warner Bros. bidding process amid heightened regulatory and political scrutiny.
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