Trump’s Netflix Bond Purchase Surfaces Amid Warner Bros. Deal Battle
Former U.S. President Donald Trump disclosed holdings of over $1.1 million in Netflix corporate bonds during the heated Warner Bros. Discovery bidding war. The investments coincided with Netflix and Paramount Skydance's competing takeover efforts for the media giant.
Financial filings reveal Trump acquired between $1.1-$2.3 million in NFLX bonds, with no indication of subsequent sales. Warner Bros. bonds worth $500k-$1 million were also purchased in December, preceding price appreciation that raised timing questions.
Netflix shares dipped slightly following the disclosure. Paramount Skydance ultimately secured the deal, leaving Netflix with a multi-billion dollar breakup fee. The transactions highlight how political figures navigate complex media mergers.