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Story perspectives

Trump, DOJ, and Activist Investor Stir Warner Bros Deal

2/14/2026

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Story summary
  • Netflix and Paramount are competing to acquire Warner Bros Discovery, drawing involvement from U.S. President Donald Trump and the Department of Justice.
  • The situation is complicated by Trump's connections to the two companies and their scrutiny.
  • Christopher Grimes and Oliver Barnes of the Financial Times discuss these dynamics in a podcast.
  • The episode notes an activist investor targeting Warner Bros deal and the departure of Trump's antitrust enforcer, Gail Slater.