President Donald Trump is refusing to pick a side in the escalating bidding war between Paramount Skydance and Netflix to purchase Warner Bros. Discovery.
President Trump told reporters on Monday that neither the leaders of Paramount nor Netflix are particularly great friends of his.
The president also had kind words for Ted Sarandos, calling the co-CEO of Netflix “fantastic man.”
“I have a lot of respect for him, but it’s a lot of market share,” Trump said. “He’s a great person… He’s got a lot of interesting things happening aside from what you’re talking about, but it is a big market share. There’s no question about it. It could be a problem.”
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