Categories: मनोरंजन

Trump says he'll be involved in review of Netflix-Warner Brothers deal

By Jeff Mason WASHINGTON, Dec 7 (Reuters) – U.S. President Donald Trump said on Sunday that he would have a say whether a proposed merger between Netflix and Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns. "I'll be involved in that decision," Trump told reporters as he arrived at the Kennedy Center for its annual awards show. Netflix on Friday agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized assets to the streaming pioneer. Trump did not say whether he favored approval for the deal, but he pointed to a potential concentration of market power in the entertainment industry. "That's going to be for some economists to tell…. But it is a big market share. There's no question it could be a problem," Trump said.     (Reporting By Jeff Mason and Steve Holland; Editing by Cynthia Osterman)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

Mick Jagger says Rolling Stones hope to tour new album 'Foreign Tongues'

LONDON, July 9 (Reuters) - Mick Jagger said the Rolling Stones hope to tour their…

54 minutes ago

Ways to save energy and money when drying your laundry

Berlin (dpa) – Thanks to tumble dryers, we can put away clean laundry hours after…

2 hours ago

Are sweets with added vitamins good for you? Not really, say experts

Berlin (dpa) - Muesli bars with extra fibre, protein or caffeine; gummy bears enriched with…

4 hours ago

Paramount delays Warner Bros deal closure amid Oregon probe

By Jody Godoy July 8 (Reuters) - Paramount has said it will not close its…

9 hours ago

US states could sue next week to block Paramount-Warner Bros deal, sources say

By Dawn Chmielewski and Jody Godoy July 8 (Reuters) - U.S. states concerned that Paramount's $110…

9 hours ago

Paramount will not close Warner Bros deal before July 22 amid Oregon probe

By Jody Godoy July 8 (Reuters) - Paramount has said it will not close its…

9 hours ago