Netflix And Warner Bros An Anticipated Decision By Trump

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00:00Netflix and Warner Brothers.

00:04A massive merger awaiting a decisive ruling,

00:07and U.S. President Donald Trump

00:09signals possible intervention between the two giants,

00:12warning that the combined entity's market share

00:15could raise concerns related to competition and monopoly.

00:19Netflix is a great company.

00:21They've done a phenomenal job.

00:23Ted is a fantastic man.

00:25I have a lot of respect for him.

00:26But it's a lot of market share.

00:28So we'll have to see what happens.

00:31Netflix agreed to acquire the television broadcasting division,

00:34film studios, and streaming operations of Warner Brothers

00:37for $72 billion,

00:39a deal that could hand control

00:41of one of Hollywood's most valuable assets

00:43to the leading company in streaming services.

00:46Some members of Congress considered this acquisition

00:49a monopoly nightmare for consumers and content creators.

00:53However, Netflix said,

00:55the deal would create jobs

00:57and give its 300 million subscribers

01:00greater value for what they pay.