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President Donald Trump expressed skepticism on Sunday night about Netflix 's proposed acquisition of parts of Warner Bros. Discovery , saying the massive deal "could be a problem" because of how much market share Netflix would end up with.

Trump also said that he will be involved in the process of approving the deal, which was announced on Friday.

The streaming giant Netflix needs regulatory sign-off for its planned purchase of WBD's film studio and streaming properties, including HBO Max. The deal has an enterprise value of nearly $83 billion.

Paramount Skydance on Monday said it was launching a hostile bid to buy all of WBD after losing out to Netflix . Larry Ellison, the billio

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