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Trump Says He Will Stay Out of Netflix-Paramount Fight over Warner Bros

President Trump withdraws from the bidding dispute over Warner Bros. Discovery, deferring to the Justice Department amid competing $82.7 billion and hostile offers under federal review.

  • On Jan. 30, 2026, President Donald Trump said in an Oval Office interview, `I haven't been involved` and he decided he `shouldn't be involved` as the U.S. Department of Justice will handle the dispute.
  • Netflix proposed a $72 billion offer for Warner Bros. Discovery's film studio excluding cable networks, while Paramount Skydance pursued a competing bid and offered $30 per share.
  • Trump disclosed in January he purchased up to $2 million of Netflix and Warner-related bonds, but his December public comments said he would be involved in the review before signaling he would stay out.
  • Trump's retreat could benefit Netflix, which already has a deal in place, while Warner Bros. Discovery shareholders could vote as early as March and Paramount says its bid has an easier regulatory path.
  • The bids target Warner Bros. Discovery's studios and content library, with Netflix co-CEO Ted Sarandos testifying on Tuesday that the deal expands competition amid market-concentration concerns on Capitol Hill.
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26 Articles

Lean Left

The fight for Warner Bros. takes a new turn with recent statements by Donald Trump, who claims that people from Netflix and Paramount sought it.Donald Trump pointed out that both Netflix and Paramount sought their support in their struggle to get hold of Warner Bros., something that was reported at the time.Netflix and Paramount wanted Trump to help them buy Warner Bros.According to a report from NBC, agents from both Netflix and Paramount, spok…

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Center

First Donald Trump said he would be involved in Netflix's review of Warner Bros.'s purchase - now he's decided against it. The president is particularly moved by the future of CNN.

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NBC News broke the news in United States on Wednesday, February 4, 2026.
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