US President Donald Trump has reportedly flagged possible issues regarding Netflix's proposed USD 72-billion acquisition of Warner Brothers Discovery’s film studio and well-known HBO streaming services.

During an event in Washington DC on Sunday (December 7), he remarked that Netflix holds a significant market share and that the merger’s scale “could be a problem”.

Last week, both companies announced they had finalised a deal to incorporate Warner Brothers' franchises such as Harry Potter and Game of Thrones into Netflix, thereby forming a new media powerhouse.

Also read: Hyderabad road to be renamed ‘Donald Trump Avenue’

The proposed agreement, which has sparked apprehensions among certain industry stakeholders, is still awaiting approval from competition regulators.

Establishe

See Full Page