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Netflix's Warner Bros. Deal Faces Antitrust Scrutiny

12/2/2025

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Story summary
  • Senior White House officials discussed Netflix's plan to acquire Warner Bros. Discovery and HBO Max.
  • They warned the deal could concentrate power, noting Netflix's 300 million-plus subscribers.
  • Officials said the merger could trigger an antitrust investigation.
  • The discussion aligns with Warner Bros. Discovery's second-round bid deadline, with Paramount Skydance and Comcast bidding.
  • If Netflix wins, it could face the U.S. Department of Justice and European regulators.