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Trump Admin Views Netflix and Warner Bros. Deal with 'Heavy Skepticism': Senior Official

Paramount, led by CEO David Ellison, is lobbying the Trump administration to block Netflix's $72 billion Warner Bros. deal citing antitrust concerns and potential litigation.

Summary by CNBC
Paramount Skydance, whose CEO David Ellison is friendly with the Trump administration, wanted to buy WBD outright, making several bids for its full portfolio.
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Netflix defeated Paramount Skydance and Comcast in the fight to acquire Warner Bros., and now it must win against the administration of President Donald Trump, the Wall Street Journal reported.

·Warszawa, Poland
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The Justice Department is preparing for a thorough review of the giant deal • President Trump, who is close to the Ellison family, could press to transfer Warner Bros. to the giant Paramount • At the same time, lawmakers warn of harm to competition and the film industry fears a historic shake-up

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CNBC broke the news in United States on Friday, December 5, 2025.
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