On Dec. 7, whereas fielding questions on the Kennedy Center Honors, President Donald Trump voiced skepticism about Netflix’s introduced $83 billion acquisition of elements of Warner Bros. Discovery, explaining it “could be a problem” because of the ensuing general market share. He added, “I’ll be involved in that decision.”
Paramount proprietor David Ellison, who’s additionally pursuing Wbd, sat that evening within the Kennedy Center’s presidential field. The subsequent morning, his firm introduced a hostile bid at greater than $108 billion, arguing in opposition to a Netflix tie-up partially on antitrust grounds.
Ellison and his father, Larry, the second-richest particular person on the planet, have been currying favor with Trump since his return to workplace as they search to assemble a media behemoth, together with attainable management over the U.S. spinoff of TikTok. CBS News is being scrubbed of perceived liberal bias beneath newly employed editor-in-chief Bari Weiss, a bête noire of…