US EditionDavid Ellison Reportedly Promised Trump ‘Sweeping Changes’ at CNN If Paramount Takes Over Warner Bros.
Paramount CEO David Ellison pledged to reshape CNN’s ownership and programming to gain President Trump’s support for a $108 billion Warner Bros. Discovery takeover bid.
- In recent days, Paramount CEO David Ellison told White House officials he would undertake sweeping changes at CNN if Paramount acquired Warner Bros. Discovery after launching a $108 billion hostile takeover bid.
- With family funding and outside investors, Paramount's plan involves Larry Ellison privately phoning the White House about axing CNN hosts and backing the $108 billion bid alongside Jared Kushner and sovereign wealth funds.
- Speaking to CNBC's David Faber, David Ellison, Paramount CEO, outlined plans to merge CBS News and CNN and build a scaled news service aimed at the middle 70 percent of Americans.
- Trump has privately signaled he wants CNN ownership changes and met Larry Ellison last month to discuss firing hosts, saying he will be involved despite no public endorsement.
- Observers warn a takeover could reshape mainstream media as critics warned a `cynical plot` might turn CNN MAGA-friendly if Paramount wins, while Netflix keeps the bid contested, David Ellison said.
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Trump Weighs In On CNN, Warner Bros. Discovery Deal Talks
Source: Alex Wong / Getty The bid by Netflix to acquire Warner Bros. Discovery is under federal review, and President Donald Trump has voiced his opinion that it “should be guaranteed and certain that CNN is part of it or sold separately.” He spoke about it with the press at the White House on Wednesday (Dec. 10), targeting the current management of the news network. “I think the people that have run CNN for the last, long period of time are a d…
Trump Signals He’ll Oppose Any Warner Bros. Deal That Doesn’t Remove Current CNN Leadership
President Trump has now placed himself squarely in the center of the escalating battle for Warner Bros., telling business leaders at the White House that any acquisition of the company must include a change in ownership at CNN. His remarks introduce a significant new political variable into the ongoing bidding war between Netflix and Paramount Skydance. The post Trump Signals He’ll Oppose Any Warner Bros. Deal That Doesn’t Remove Current CNN Lea…
The Messy Politics of the Fight for Warner Bros.
Trump may get the final say in what happens to Warner Bros., and Netflix and Paramount are vying for his favor. Here’s what pundits, reporters, and analysts are saying about the political implications of the war for Warners.
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