President Donald Trump has raised a red flag about a blockbuster deal underway in Hollywood, warning that the proposed acquisition of Netflix by Warner Bros. Discovery “could be a problem” due to the sheer size of the market share the combined company would hold. He confirmed that he will play a role in deciding whether the merger gets regulatory approval.
While praising Netflix’s leadership and accomplishments, Trump emphasized that when Warner Bros.’ studios, streaming libraries and global content assets are added, the new entity would wield considerable influence over the entertainment landscape. He described that level of consolidation as “a lot of market share” and noted “there’s no question it could be a problem.”
The centerpiece of the deal would bring Netflix’s global streaming reach together with Warner Bros.’ storied film and television operations—including major franchises and the HBO Max platform. With competitors like Paramount Skydance and Comcast also in contention, the move already has drawn intense scrutiny from regulators.
Trump’s decision to personally weigh in on the merger underscores how deeply the deal intersects with questions of competition, media power and who controls what we watch. Whether this engagement pushes the merger toward approval, delay or rejection remains to be seen.