US President Donald Trump recently shared his two cents on the blockbuster news of Netflix acquiring Warner Bros. Speaking to the press, Trump praised Netflix co-CEO Ted Sarandos and his partner Greg Peters, calling Netflix “a great company” and Sarandos “a fantastic man.”
“Well, that’s gotta go through a process, and we’ll see what happens,” Trump said, highlighting the sheer scale of the deal. He also added, “They’ve done a phenomenal job. But it’s a lot of market share, so we’ll have to see how it shakes out.”
Also Read: Netflix acquires Warner Bros: Will this $72 billion deal save or shatter Hollywood?
The deal has already grabbed the attention of the entertainment world. Netflix emerged as the winner in a fierce bidding war that included industry heavyweights like Paramount Skydance, led by David Ellison, and Comcast. The deal, which covers Warner Bros.’ film and TV studios as well as HBO, has an enterprise value of roughly $82.7 billion, including debt, with an equity value of $72 billion.
For Netflix, this acquisition marks a major shift. Historically the streaming giant has focused more on creating original content than buying big media assets. “I know some of you are surprised we are making this acquisition,” Sarandos admitted on a call with analysts. “Netflix has always been more builders than buyers. But this is an exciting step forward.”
Netflix has promised to preserve Warner Bros.’ current operations while building on its strengths, especially theatrical releases. Warner Bros. has ongoing deals to release films in cinemas through 2029, and Netflix says it will honor them.
Meanwhile, HBO Max will remain a separate streaming service for now, but Netflix plans to integrate HBO’s premium content into its own library giving subscribers a huge boost in variety and quality.
“By adding the deep film and TV libraries of Warner Bros., along with HBO and HBO Max programming, Netflix members will have even more high-quality titles to enjoy,” the company said.
They also noted that the move will help Netflix optimize plans for viewers, expanding access and enhancing the overall streaming experience.
Financially, Netflix expects the merger to bring savings of $2 billion to $3 billion annually by the third year after the deal closes. The company also projects that earnings per share will see a positive impact by the second year.