Trump bought up to $1M in bonds from Netflix and Warner Bros days after merger was announced
Source: The Independent
Friday 16 January 2026 16:50 EST
Donald Trump purchased corporate bonds from Warner Bros. Discovery and Netflix just days after the two media giants agreed to a massive $83 billion blockbuster deal that would see the streaming company purchase most of WBDs assets. According to a financial disclosure released late Thursday by the White House, the president acquired the debt securities issued by the two companies valued as high as $1 million each last month.
The disclosure form revealed that Trump purchased two sets of Netflix bonds, each valued between $250,001-$500,000, with the first acquisition taking place on December 12 and the second one closing on December 16. He did the same with Warner Bros, Discovery, purchasing two tranches of bonds at the same value on December 12 and December 16.
Besides the purchases of the Netflix and WBD debt securities, the financial disclosure form listed nearly 200 transactions totaling well over $100 million in corporate and municipal bonds acquired in November and December. Other companies the president purchased bonds from are SiriusXM, Boeing, Macy's and General Motors.
While a White House spokesperson did not immediately respond to a request for comment, an official told Bloomberg that the purchase decisions were made by independent financial advisors and not the Trump family. The White House said the same thing when a similar disclosure was released in August.
Read more: https://www.the-independent.com/news/world/americas/us-politics/donald-trump-netflix-warner-bros-bonds-b2902231.html
They should have their licenses suspended.
SunSeeker
(57,641 posts)Captain Zero
(8,759 posts)Imagine the timing precision.
Roy Rolling
(7,442 posts)Manipulation of financial markets by Trump family and cronies has been suspected since 2017. Just be careful in your holdings, DUers, if Trump is buying it Im selling it. ETTD. Especially business and financial escapades, Trump is like poison.
So dont get married to stocks bid up in price by those who want to get rich quick like the current thieving POTUS.
Bengus81
(9,855 posts)Callie1979
(1,170 posts)He shouldve bought one EARLY & then picked that one.
John1956PA
(4,861 posts)I do not think he bought bonds in Paramount-Skydance.
As you say, he bought AFTER the merger news broke. He can claim he did not buy based on non-public knowledge. He and his family have already done plenty of that.