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Trump Steps Back From Hollywood's Biggest Bidding War For Warner Bros-Netflix Media Merger: 'The Justice Department Will Handle' - Netflix (NASDAQ:NFLX)
Benzinga· 2026-02-05 09:32
President Donald Trump signaled a major shift in his administration’s approach to the media landscape on Wednesday, announcing he will not personally intervene in the blockbuster $82.7 billion merger between Netflix Inc. (NASDAQ:NFLX) and Warner Bros. Discovery Inc. (NASDAQ:WBD) .Reversal Of Influence“I haven't been involved,” Trump told Llamas from the White House. “I must say, I guess I'm considered to be a very strong president. I've been called by both sides… but I've decided I shouldn't be involved. Th ...