On Friday, the companies announced that they had reached an agreement that would place Warner Brothers’ major film and television franchises under the umbrella of Netflix.

‘Could be a problem’: Trump warns Netflix–Warner Bros $83 bn deal may face regulatory roadblocks

Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.

Warner Brothers Discovery explores merger: report

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‘Could be a problem’: Trump warns Netflix–Warner Bros $83 bn deal may face regulatory roadblocks

Warner Brothers Discovery explores merger: report