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Reading: Trump to remain out of Netflix, Paramount combat over WBD
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Stock Market

Trump to remain out of Netflix, Paramount combat over WBD

Editor
Last updated: February 5, 2026 12:26 am
Editor
Published: February 5, 2026
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Trump to remain out of Netflix, Paramount combat over WBD


U.S. President Donald Trump speaks earlier than signing government orders within the Oval Workplace within the White Home in Washington, DC, on Jan. 30, 2026.

Annabelle Gordon | Afp | Getty Photographs

President Donald Trump mentioned in a brand new interview on Wednesday that he won’t be concerned within the combat between Netflix and Paramount Skydance to purchase some or all of Warner Bros. Discovery.

“I have never been concerned,” Trump instructed “NBC Nightly Information.”

“I have been referred to as by each side,” Trump mentioned. “It is the 2 sides, however I’ve determined I should not be concerned. The Justice Division will deal with it.”

Trump’s newest remark is a pivot from what he mentioned in early December after Netflix’s proposed acquisition of WBD was made public.

Trump at the moment mentioned the deal “might be an issue” due to the dimensions of the market share Netflix would find yourself with if the proposed buy was accredited by federal regulators.

Learn extra CNBC politics protection

The president, on the identical time, had mentioned he can be concerned within the means of reviewing and probably approving the deal, which, along with U.S. regulatory approval, faces a overview by European regulators.

Netflix proposes buying WBD in a deal value $72 billion, which might not embrace the corporate’s cable networks, together with CNN. WBD’s management in December beneficial approval of that supply, which might give Netflix WBD’s movie studio, along with HBO and the streaming service HBO Max.

Paramount, in response, launched a hostile takeover bid for all of WBD, with an enterprise worth of greater than $108 billion.

“There is a concept that one of many firms is simply too massive and it should not be allowed to do it, and the opposite firm is saying one thing else,” Trump instructed NBC Information on Wednesday.

“They’re beating the hell out of one another — and there will be a winner,” the president mentioned.

That is creating information. Test again for updates.

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Reading: Trump to remain out of Netflix, Paramount combat over WBD
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