Following the news that Netflix is planning to acquire Warner Bros. for $82.7 billion USD (around $115.4 billion CAD), President Trump has weighed in on whether the deal could obtain regulatory approval. While speaking to the press, Trump said that the acquisition “could be a problem.”

“Well, that’s got to go through a process, and we’ll see what happens,” Trump told the press, as reported by Bloomberg . While speaking about Netflix co-CEO Ted Sarandos, the president notes that he “Is a fantastic man, I have a lot of respect for him, but it is a big market share. It could be a problem.”

It’s also been reported that Sarandos previously met with Trump prior to the news of the acquisition. In November, Sarandos met with Trump at the White House to make his case that Netflix’s purchase of Wa

See Full Page