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Trump won’t back either Netflix or Paramount in Warner Bros. Discovery takeover bid, citing national interest.
Trump has refrained from supporting either Netflix or Paramount in their competing bids for Warner Bros.
Discovery, stating neither company is a close ally.
He emphasized he’s evaluating their market shares and will do what’s right for the country, with the Department of Justice overseeing the final decision.
Trump expressed skepticism about both firms’ affiliations, though he praised Netflix’s Ted Sarandos and noted past ties to Paramount’s David Ellison.
The battle intensifies as Paramount launches a hostile $30-per-share offer backed by major investors, while Netflix’s $82.7 billion deal awaits regulatory approval.
Trump no apoyará ni Netflix ni Paramount en Warner Bros. Oferta de adquisición de Discovery, citando el interés nacional.