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Hollywood’s $70 Billion Cage Match: Netflix vs. Trump’s Friends in the Battle for Warner Bros.

Why the fight over HBO, CNN, and Batman matters to your portfolio—and what Trump has to do with it

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Bill Cara
Dec 17, 2025
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A massive corporate battle has been playing out in Hollywood, and it reads like a script from one of Warner Bros.’ own thriller movies. Netflix wants to buy the studio that makes your favorite shows. A rival group backed by one of tech’s richest families wants to grab it instead. And President Trump has announced he’ll personally get involved in decidin…

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