Trump Warns of Monopoly Concerns Over $72 Billion Netflix-Warner Bros Deal

US President Donald Trump expressed concerns over the planned $72 billion deal between Netflix and Warner Brothers Discovery, stating that the combined market share of the two companies "could be a problem." The proposed acquisition, which has been met with skepticism by some industry experts, would see Netflix, the world's largest subscription streaming service, acquire Warner Brothers' movie studio and popular HBO streaming networks. The deal, which has a total value of $72 billion, would be the largest in the film industry in recent times. Netflix, launched in 1997 as a postal DVD rental business, has grown exponentially to become the leading player in the global streaming market. Under the agreement, several global entertainment franchises, including Looney Tunes, The Matrix, and Lord of the Rings, would be transferred to Netflix. The deal is expected to further consolidate Netflix's position as the market leader in the streaming industry. According to recent market research, Netflix has a significant market share of around 30% in the global streaming market, followed by Amazon Prime Video at around 15%. The acquisition of Warner Brothers' assets would give Netflix a substantial boost, potentially allowing it to expand its offerings and increase its market share. The planned deal has raised concerns among some industry experts, who fear that the combined market share of Netflix and Warner Brothers Discovery could lead to reduced competition and higher prices for consumers. US President Trump's comments on Sunday echoed these concerns, stating that the deal "could be a problem" due to the companies' combined market share. The deal is yet to be approved by competition authorities, and it remains to be seen whether the acquisition will be cleared. If approved, the deal would create a new media giant, with a vast library of content and a significant presence in the global streaming market. In the global streaming market, the competition is fierce, with several players vying for market share. The acquisition of Warner Brothers' assets by Netflix would be a significant development, potentially altering the competitive landscape of the industry. As the streaming market continues to grow, it will be interesting to see how the deal is received by consumers and how it impacts the industry as a whole. The acquisition of Warner Brothers' assets by Netflix would be a strategic move, allowing the company to expand its offerings and increase its market share. However, it remains to be seen whether the deal will be approved by competition authorities and how it will impact the industry in the long term.