The Digester

Trump Added Netflix Bonds as Warner Bros. takeover drama unfolded

Mar 5th 2026

White House financial disclosures show President Trump bought more Netflix debt in January while the Netflix bid for Warner Bros. played out, with filings saying investments are managed independently and the streaming company later backed away from the acquisition.

  • Trump bought $600,000 to $1.25 million in Netflix bonds in January, adding to $500,000 to $1 million in December purchases.
  • The financial disclosure was signed on Feb. 26 and lists purchases made on Jan. 2 and Jan. 20.
  • The new filing does not include Warner Bros. Discovery debt but shows a $600,000 to $1.25 million purchase of SiriusXM bonds.
  • Trump also reported purchases of municipal and corporate bonds from companies including General Motors, Occidental, Boeing, and CoreWeave.
  • The White House says Trump’s investments are managed to track established indexes and are run by independent managers.
  • Netflix walked away from its pursuit of Warner Bros., paid a $2.8 billion breakup fee, and retained an investment grade rating.

Sources

hollywoodreporter.com