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Trump Bought Netflix Debt as Deal Unraveled

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Hollywood Reporter: “As Paramount sought to pry Warner Bros. away from the streaming giant, Trump was adding more Netflix bonds to his personal portfolio, financial disclosures released by the White House on Wednesday show.”

“The disclosures show that President Trump bought between $600,000 and $1.25 million worth of Netflix debt in January, adding to the $500,000 to $1 million in Netflix bonds that he purchased in December, shortly after Netflix’s megadeal for Warners was announced.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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