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Stock impact report

Trump says he's staying out of the fight between Netflix and Paramount to take over Warner Bros. Discovery [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
This is a shift from what Trump said in December, when he said he'd "be involved" in the decision. President Donald Trump said Netflix and Paramount Skydance have called him about their fight over Warner Bros. Discovery — but he says he's staying out of it. "I've been called by both sides," Trump told "NBC Nightly News." "It's the two sides, but I've decided I shouldn't be involved. The Justice Department will handle it." This is a shift from what Trump said in December of last year. "They have a very big market share, and when they have Warner Bros., you know, that share goes up a lot so, I don't know," Trump said after Netflix made its bid for Warner Bros. Discover. "I'll be involved in that decision, too. But they have a very big market share." The fight for Warner Bros. Discovery, and its well-known IP, has been contentious. In November of last year, formal bids for the media behemoth were submitted, including those from Netflix and Paramount Skydance — which previous Show less Read more
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