President warns of streaming industry dominance
US President Donald Trump voices concern about Netflix’s planned $72 billion acquisition of Warner Brothers Discovery. He tells an audience in Washington that Netflix already controls a large share of the streaming market. He warns that merging the two companies could create major competition problems. On Friday, both firms announce an agreement to bring major Warner franchises, including Harry Potter and Game of Thrones, to Netflix. The deal still requires approval from regulators. Requests for comment to the companies and the White House remain unanswered.
Netflix aims to solidify global leadership
Netflix grows from a DVD-by-mail service in 1997 into the world’s leading subscription streaming platform. The takeover ranks among the largest moves in the entertainment industry in recent years. It would further strengthen Netflix’s dominant position. The deal would bring franchises like Looney Tunes, The Matrix, and The Lord of the Rings to Netflix. Both companies expect the merger to close after Warner Bros completes a planned business split in the second half of 2026.
Regulators review potential antitrust issues
The US Justice Department’s competition division may argue the merger breaches antitrust laws if the combined company controls too much of the market. Trump says at the Kennedy Center that Netflix already holds a significant market share, which would increase if the deal goes ahead. He adds that he will personally take part in the approval process.
Trump praises Netflix co-CEO Sarandos
Trump notes that Netflix co-chief Ted Sarandos recently visited the Oval Office and praises his leadership. He calls Sarandos a respected figure who has delivered major achievements in modern film. Sarandos acknowledges that the deal may have surprised investors but sees it as a long-term strategic step for Netflix.
Analysts highlight structural differences
Media executive Blair Westlake says in a radio interview that the main antitrust concern comes from combining Netflix with HBO’s streaming business. He notes that Netflix produces less content than Warner’s studios and has a smaller library. Westlake expects regulators to approve the deal but predicts concessions will be required.
White House expected to influence merger review
Bill Kovacic, former chair of the Federal Trade Commission, says Trump’s remarks suggest the White House will guide discussions on potential issues with the deal. He warns this could create unprecedented presidential involvement in a process previously based on technical review.
Netflix surpasses major competitors
Netflix beats rivals including Comcast and Paramount Skydance to secure the Warner Bros agreement. Paramount Skydance previously tried to acquire the entire company, including its cable networks. Warner Bros rejects that offer, opening the way to new bidders. David Ellison of Paramount Skydance receives support from his father, Larry Ellison, a close Trump ally.
Writers’ unions call for regulators to block the merger
The Writers Guild of America’s East and West branches urge officials to stop the deal. They argue that the world’s largest streaming platform absorbing a major competitor undermines antitrust law. They warn that approval would cut jobs, lower wages, worsen working conditions, raise consumer prices, and reduce the variety and volume of content available.
