"Netflix is a great company. They've done a phenomenal job. Ted is a fantastic man,"
"I have a lot of respect for him but it's a lot of market share, so we'll have to see what happens."
"They have a very big market share and when they have Warner Bros., you know, that share goes up a lot so, I don't know,"
"There's no question about it,"
President Donald Trump expressed concern that Netflix's proposed $72 billion acquisition of Warner Bros. Discovery could create excessive combined market share. If approved by regulators, the merger would place two major streaming services under one owner and combine Warner's television and motion picture assets, including DC Studios, with Netflix's library and production arm. Trump said he will be involved in the approval decision and emphasized the deal must go through regulatory processes. He praised Netflix and CEO Ted Sarandos while noting the enlarged market share could present problems.
Read at ABC7 Los Angeles
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