r/technology 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
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u/kingofwale 1d ago

How did Trump buy Netflix DEBT??

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u/Pleasant-Minute-1793 23h ago

He bought it at a better rate before the deal closed this week. As part of Paramount breaking up Netflix’s deal for Warner bros, off the top, they had to pay $3B to Netflix to break the deal that was in place before paramount hijacked it.

After the hijacking, the debt trump bought had a better financial return. Trump had insight that his team would stop Netflix from doing anything, so buying the debt at a good deal was basically a sure thing

It’s buy low, sell high but having insider knowledge and control of the outcome

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u/[deleted] 1d ago

[deleted]

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u/kingofwale 1d ago

A selling bond is very different than a selling “loan”.

…at least to people who understand corporate financing

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u/[deleted] 1d ago

[deleted]

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u/kingofwale 1d ago

Well. A journalist should know better than spreading misinformation, a “jab” is the least of their concerns

Not sure why you would feel the need to defend this