Shareholders, Not Bureaucrats, Should Decide the WBD Merger

“Stop the Netflix Cultural Takeover”

So ran the headline of an op-ed posted to Truth Social by President Donald Trump on January 11. Netflix, the thinking goes, has acquired too commanding a market position to be allowed to buy media conglomerate Warner Bros. Discovery, despite fierce competition among streaming services. In such a competitive market, it is the shareholders of WBD, not the president or some middle manager in his administration, who should decide whether the deal moves forward.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes