On December 5, it was announced that Netflix would buy the competitor in a deal valued at $82.7 billion.
"I will be involved in the decision," U.S. President Donald Trump said when asked if the deal would be approved.
Days later, Trump bought bonds in Netflix and Discovery for a total of between $1 and $2 million, according to a White House disclosure form.
In just over a month, the president invested around $100 million, mainly in municipal bonds, but also in large companies such as Boeing and General Motors. An anonymous White House official told the Washington Post that Trump's investments were managed independently by a third party.
Paramount Skydance has launched a hostile bid for Warner Bros. Discovery.
