Trump Bought Netflix Debt Amid Paramount's Fight for Warner Bros
5 hours ago
- #Donald Trump
- #Warner Bros. Discovery
- #Netflix
- President Donald Trump purchased between $600,000 and $1.25 million worth of Netflix bonds in January, adding to previous investments.
- Trump's financial disclosures reveal a diversified portfolio including bonds from SiriusXM, General Motors, Boeing, and others.
- Netflix's failed bid for Warner Bros. Discovery coincided with Trump's increased investment in Netflix bonds.
- Trump received a residual payment of $333.31 from Warner Bros. for past cameo appearances.
- A White House official stated that Trump's investments are managed independently, without his direct influence.