Trump says he'll stay out of Netflix, Paramount Skydance fight to take over WBD
CNBC·2026-02-05 00:01

Core Viewpoint - President Trump has decided not to involve himself in the acquisition battle between Netflix and Paramount Skydance for Warner Bros. Discovery, stating that the Justice Department will handle the matter [1]. Group 1: Company Involvement - Trump has been approached by both Netflix and Paramount Skydance regarding the acquisition but has chosen to remain uninvolved [1]. - In December, Trump expressed concerns that Netflix's acquisition could pose a problem due to the significant market share it would gain if approved by regulators [2]. Group 2: Regulatory Context - The Justice Department is expected to oversee the regulatory aspects of the acquisition, indicating a formal review process for the proposed deal [1].

Trump says he'll stay out of Netflix, Paramount Skydance fight to take over WBD - Reportify