Back to News
investment

Trump demands Netflix remove former Obama official from board

Financial Times
Loading...
5 min read
0 likes
⚡ Quantum Brief
President Donald Trump demanded Netflix remove Susan Rice, a former Obama national security adviser, from its board on February 22, 2026, threatening unspecified "consequences" if the company refuses. The intervention revives Trump’s involvement in Netflix’s $83 billion bid for Warner Bros Discovery, despite earlier claims he would stay neutral in the merger battle with Paramount Skydance. Trump’s demand followed pressure from MAGA influencer Laura Loomer, who accused Rice of threatening political retribution against Trump supporters and called Netflix "anti-American." Rice warned companies complying with Trump’s demands would face Democratic scrutiny if her party regains power, urging firms to prepare for subpoenas and accountability measures. Paramount, backed by Trump donor Larry Ellison, submitted a rival $108 billion bid for Warner Bros Discovery, while Netflix’s deal faces an early antitrust review by Trump’s Justice Department.
AI Audio Summary
0:00 / 0:00
Click to play
generated-image (61).png
Quantum News · Media Library

Netflix IncAdd to myFTGet instant alerts for this topicManage your delivery channels hereRemove from myFTTrump demands Netflix remove former Obama official from boardUS president steps back into fight between streamer and Paramount Skydance to acquire Warner Bros DiscoverySusan Rice, former Democratic national security official, has warned of the consequences for companies that ‘take a knee to Trump’ © Getty ImagesTrump demands Netflix remove former Obama official from board on x (opens in a new window)Trump demands Netflix remove former Obama official from board on facebook (opens in a new window)Trump demands Netflix remove former Obama official from board on linkedin (opens in a new window)Trump demands Netflix remove former Obama official from board on whatsapp (opens in a new window) Save Trump demands Netflix remove former Obama official from board on x (opens in a new window)Trump demands Netflix remove former Obama official from board on facebook (opens in a new window)Trump demands Netflix remove former Obama official from board on linkedin (opens in a new window)Trump demands Netflix remove former Obama official from board on whatsapp (opens in a new window) Save Steff Chávez in WashingtonPublishedFebruary 22 2026Jump to comments sectionPrint this pageUnlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS President Donald Trump has called on Netflix to sack former Democratic national security official Susan Rice from its board or “pay the consequences”, as the streamer battles to buy Warner Bros Discovery.Trump’s comments mark a return to the fray between Netflix and Paramount Skydance to acquire the legendary Hollywood studio, having previously said he would stay out of it. Both proposed acquisitions would have to be approved by federal regulators.The US president weighed in on the issue at the urging of Maga influencer Laura Loomer.“Netflix should fire racist, Trump Deranged Susan Rice, IMMEDIATELY, or pay the consequences. She’s got no talent or skills — Purely a political hack!” Trump wrote on his Truth Social platform on Saturday, reposting an X post by Loomer urging him to “kill the Netflix-Warner Bros. merger now”.Rice was national security adviser and US ambassador to the UN under former president Barack Obama. She was also on former president Joe Biden’s domestic policy council. She served on Netflix’s board from 2018 to 2020 and was reappointed in 2023.“HER POWER IS GONE, AND WILL NEVER BE BACK. How much is she being paid, and for what???”, Trump added of Rice.The former Democratic official told former US attorney for the southern district of New York Preet Bharara’s podcast on Thursday that it “would not end well” for companies that “take a knee to Trump” should her party regain power in Washington. “They are going to be caught with more than their pants down,” she said.She predicted Democrats would bring “an accountability agenda” and said companies should “preserve their documents” and “be ready for subpoenas”.“If these corporations think that Democrats, when they come back in power, are going to play by the old rules . . . I think they’ve got another thing coming,” she said.In a lengthy social media post on Saturday, Loomer, who has no formal role in the administration but convinced Trump to purge US national security officials early last year, wrote: “Does Netflix stand by their Board Member threatening half of the country with weaponized government and political retribution for choosing who they wanted to vote for as President?”“This is as anti-American as it gets, and Netflix is proving everyday they are an anti-American, WOKE company,” she added.She said Netflix’s acquisition of WBD would benefit Obama and former first lady Michelle Obama and flood the service with “positive messaging” for Democrats.Netflix did not immediately respond to a request for comment.WBD reopened sale talks with Paramount this week, giving David Ellison’s media group until Monday to make its “best and final” bid to top Netflix’s agreed $83bn takeover or end its pursuit of the studio. Paramount has been rebuffed repeatedly by the WBD board, which agreed an $83bn deal with Netflix. Paramount, bankrolled by Ellison’s father Larry Ellison, the billionaire founder of Oracle and a Trump donor, has launched a hostile bid for WBD. WBD owns some of the world’s most prized film and TV properties, such as Harry Potter and Friends, along with the HBO Max streaming service and its programming including Game of Thrones and The White Lotus.Paramount’s own $108bn bid cleared a critical US antitrust hurdle on Friday, saying it had complied with a second review process by the US Department of Justice. Meanwhile, Netflix is facing an early-stage review by Trump’s justice department to assess whether its deal to buy the studio would be anti-competitive.Additional reporting by Christopher Grimes in Los Angeles Reuse this content (opens in new window) CommentsJump to comments sectionPromoted Content Follow the topics in this article US companies Add to myFT US politics & policy Add to myFT Media Add to myFT Netflix Inc Add to myFT Warner Bros Discovery, Inc Add to myFT Comments

Read Original

Tags

quantum-investment
partnership

Source Information

Source: Financial Times

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.