Trump will participate in the consideration of Netflix's purchase of the Warner Bros. film studio

US President Donald Trump will take part in the discussion of allowing the streaming service Netflix to acquire Warner Bros. in accordance with antitrust laws. He told reporters on December 8 upon his arrival at the Kennedy Center for the annual awards ceremony.

"I will take part in making this decision," he was quoted as saying by the Reuters news agency.

The American leader did not specify whether he was going to approve the deal, but at the same time pointed to the potential concentration of market power in the entertainment industry. Trump also stressed that economists should comment on this issue.

"But it's a big market share. There is no doubt that this can become a problem," he concluded.

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Netflix announced on December 5 that it will acquire the Warner Bros. film studio. Discovery for $82.7 billion According to the streaming service, this deal will be able to combine two leading entertainment businesses. It was noted that many of the studio's franchises, including "The Big Bang Theory", "Game of Thrones" and others, will be included in the Netflix portfolio.

Later, on December 7, the Financial Times newspaper reported that Hollywood is preparing for possible budget cuts and job cuts after Netflix acquires the Warner Bros. film studio. It was noted that film agents, producers and other cinema figures are concerned that the deal between Netflix and Warner will lead to a reduction in the number of buyers of TV series and films, and therefore to a decrease in work in the field of cinema, the material says.

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