Trump Questions Netflix Deal in Shared Article
Ted Sarandos is navigating a complex landscape as Netflix considers a potential acquisition of Warner Bros., valued at over $83 billion. As he plans for what could be an extended process, Sarandos is mindful of reactions from influential figures, including Donald Trump.
Trump’s Influence on Netflix’s Warner Bros. Deal
On November 24, 2022, Donald Trump made a surprise visit to the White House. This occurred shortly before Netflix’s intention to acquire Warner Bros. was made public. David Zaslav’s company won the bid in early December.
During this period, Trump expressed respect for Sarandos, referring to him as “a fantastic man” on December 7. However, he also indicated caution regarding the scale of the deal, mentioning it would affect a significant market share.
Concerns Expressed on Social Media
Recently, Trump posted an article on Truth Social titled “Stop the Netflix Cultural Takeover.” This article, by attorney John Pierce, criticized Netflix and labeled it “the woker, ideologically preferred buyer” compared to other potential buyers like David Ellison of Paramount.
- John Pierce has represented various high-profile clients, including Kyle Rittenhouse.
- David Ellison’s family has connections with the Trump administration.
Sarandos Responds to Trump’s Comments
Sarandos addressed Trump’s post during an interview with The New York Times. He clarified that their discussions never touched on the topics mentioned in the article. “I don’t want to overread it, either,” Sarandos remarked, noting that Trump’s perspective on Hollywood focuses on job protection within the industry.
Netflix’s Commitment to Theatrical Releases
As Netflix forges ahead, Sarandos reiterated the company’s dedication to maintaining a 45-day theatrical release window. This statement comes in the context of major movie theater chains urging Congress to intervene against any new deals involving Warner Bros.
“I want to win opening weekend. I want to win box office,” he emphasized, underscoring Netflix’s strategic goals.
Industry Reactions and Future Prospects
Amid ongoing discussions about the potential Warner Bros. acquisition, industry sentiment leans toward the notion that no buyer should dominate the already limited number of major legacy studios. Sarandos acknowledged this perspective, stating, “What people would like to see is no deal.”
Nevertheless, he affirmed the inevitability of the transaction: “There are two outcomes of this deal, and we have a signed deal done.”
As Netflix navigates this significant opportunity, the interplay with figures like Trump will remain crucial in shaping public perception and the future of the media landscape.
