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

Sex is only allowed one night a year in the latest romcom in cinemas

"One Night Only", starring Callum Turner and Monica Barbaro, combines a dating dystopia with slapstick…

51 minutes ago

Research add weight to case for full-fat milk and dairy

New York (dpa) - Low-fat versions of butter, cheese and milk have long been touted…

2 hours ago

What’s ‘nailmaxxing’? How to nail the ‘naked manicure’ trend

Immaculate, natural nails are hot right now – but achieving the barely there look can…

3 hours ago

Millions watching Netflix film version of druglord El Chapo's arrest

"Facing El Chapo" is a worldwide hit. Based on true events, the Netflix thriller shows…

9 hours ago

EMDR, DBT, ACT: How to navigate therapy's growing jungle of acronyms

Psychotherapy is a broad field. Depending on the condition and its severity, therapists draw on…

12 hours ago

Taking the stairs could slash death risk, study shows

London (PA Media/dpa) - Taking the stairs could slash the risk of an early death, according…

1 day ago