US EditionNetflix CEO Ted Sarandos meets Trump ahead of Warner Bros. acquisition
Ted Sarandos met President Trump to discuss Netflix’s $82.7 billion bid for Warner Bros., gaining a perceived political advantage despite regulatory scrutiny.
- Netflix co-CEO Ted Sarandos met with President Donald Trump in the Oval Office for over an hour before Netflix's $82.7 billion acquisition of Warner Bros.
- While the deal awaits regulatory approval, critics like Sen. Elizabeth Warren have already raised antitrust concerns.
- Several A-list filmmakers and producers are considering releasing an open letter opposing the sale, worried that Netflix will imperil the financial health of cinemas by taking a major theatrical distributor off the board.
22 Articles
22 Articles
Netflix-Warner Mega Merger A 'Disaster For America,' Says This Anti-Monopolist: Likely To Face Significant 'Political And Antitrust Hurdles' - Netflix (NASDAQ:NFLX), Paramount Skydance (NASDAQ:PSKY)
Streaming giant Netflix Inc.'s (NASDAQ: NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ: WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, who argue the transaction will be a net negative for the country.
The announced acquisition of Warner Bros by Netflix makes Ted Sarandos the most discussed man in the film industry.
The U.S. president believes that the acquisition "could be a problem" while the streaming giant already has "a very large market share".
Trump Calls Netflix Co-CEO Ted Sarandos 'Fantastic,' Says He'll Be Involved in Decision on Warner Bros. Discovery Takeover
President Trump called Netflix co-CEO Ted Sarandos “fantastic” and said he would be involved in the streamer’s bid to take over Warner Bros. Discovery in remarks to reporters Sunday on the red carpet for the Kennedy Center Honors. Trump also confirmed earlier Sunday reports that he hosted a meeting with Sarandos before the front-running bid was revealed. “He came up. He was in the Oval Office last week,” the president told Deadline from the Wash…
Donald Trump Praises Ted Sarandos, Confirms Meeting But Says Netflix-WB Would Have “A Great Big Market Share”
President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him “fantastic” but also noted that a combined Netflix-Warner Bros. Discovery would “have a great big market share.”
Streaming service CEO met with Trump before $82.7 billion purchase of industry giant
Netflix chief Ted Sarandos scored a critical sit-down with President Donald Trump in the weeks leading up to Netflix’s successful $82.7 billion agreement to buy Warner Bros. and HBO Max, according to sources familiar with the confab.
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Bias Distribution
- 46% of the sources lean Left, 46% of the sources are Center
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