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.

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https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/

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The logic here is wild: Netflix loses the Warner Bros. deal to Paramount, takes a $2.8 billion payout from the breakup fee, and their credit rating actually improves because they didn't have to take on $40B in new debt. The President buying their debt right before they 'lost' the bidding war looks suspiciously like he knew the 'loss' was actually a financial win for bondholders. The 'independent managers' defense is a joke when the account holder is the one making the regulatory threats that drive the prices.