US President Donald Trump said on Sunday he would have a say in whether a proposed merger between Warner Bros. and Warner Bros. should go forward, telling reporters that the market share of a combined entity could raise concerns.
“I will participate in that decision,” Trump told reporters as he arrived at the Kennedy Center for his annual awards ceremony.
of dollars, an agreement that would hand control of one of Hollywood’s most precious assets to the streaming pioneer.
Trump did not say whether he favored approval of the deal, but pointed to a possible concentration of market power in the entertainment industry.
“Some economists will have to say that. But it’s a big market share. There’s no doubt it could be a problem,” Trump declared.
