The potential acquisition of Warner Bros Discovery by Netflix has just taken an unexpected turn. While the entertainment industry was bracing for a financial and legal showdown, a new player has entered the debate: Donald Trump.

On social media, the former U.S. president reshared an opinion piece critical of a potential Netflix takeover, reigniting concerns about media concentration and the future of cultural pluralism in Hollywood.

An Open War Between Netflix and Paramount

While Netflix currently appears to be in the lead, Paramount Skydance has not backed down. The group argues that Netflix’s proposal undervalues Warner Bros Discovery and is calling for a formal shareholder vote. At the same time, Paramount has filed a lawsuit in the Delaware Court of Chancery, demanding greater transparency regarding the financial structure of the deal.

This conflict goes far beyond a simple question of price. It reflects two competing visions for the future of media:
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• on one side, Netflix and its fully integrated model combining production, distribution, and global streaming;
• on the other, Paramount, which is pursuing a more traditional consolidation strategy to remain competitive in an increasingly concentrated streaming market.

Explosive Political and Editorial Stakes

The stakes are not only economic. Warner Bros Discovery controls major assets such as HBO and CNN, whose editorial independence is already the subject of intense debate. Donald Trump’s intervention has revived fears of growing political influence over major U.S. media outlets, regardless of which bidder ultimately prevails.

As U.S. regulators continue to closely monitor media consolidation, the Warner Bros deal is shaping up to be one of the most politically sensitive transactions in recent years.

A Decision That Could Reach Beyond Hollywood

Beyond the United States, the acquisition could have international repercussions, particularly in Canada and Quebec, where existing distribution agreements may be renegotiated. One thing is certain: the Netflix–Warner Bros saga is far from over, and the coming months will be decisive.

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