President Trump has weighed in on the biggest entertainment deal in years—and his comments are already sending shockwaves through Wall Street, Washington, and Hollywood. Speaking on the red carpet at the Kennedy Center Honors, the president confirmed his meeting with Netflix co-CEO Ted Sarandos and said the proposed acquisition of Warner Bros. “will have to go through a process.” It’s the first major indication that the administration may not give Netflix an easy path toward swallowing one of the oldest studios in the world.