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0.00107022527581427 0.000198189865891532 -0.000383167074056898 0.00058135693994843 0.00350135429741693 0.00931624496267426 0.00673845544031189 0.0118913919534915
Stock impact report

Trump met with David Ellison days before saying he's ‘not involved' in Paramount's Netflix battle [CNN]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: CNN
That was a major shift for Trump, who had previously said he would be involved and signaled his preference for Paramount. Trump administration regulators are currently reviewing WBD's deal to sell the Warner Bros. studio and HBO to Netflix. Paramount is trying to stop that deal by going straight to shareholders with its own bid for all of WBD, including CNN. In the NBC interview, Trump seemed to marvel at the attention he's been getting from both Ellison and Netflix co-CEO Ted Sarandos, who has also met with Trump in recent months. “I must say, I guess I'm considered to be a very strong president,” he said. “I've been called by both sides. It's the two sides, but I've decided I shouldn't be involved. The Justice Department will handle it.” In Trump's comments to NBC, he also alluded to the Paramount side's argument that Netflix's acquisition of Warner Bros. would be monopolistic: “There's a theory that one of the companies is too big and it shouldn't be allowed to do it, and th Show less Read more
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