Ellison Dynasty Wins CNN Takeover Bid, Promising a Trump-leaning Shakeup
TL;DR Summary
MAGA-aligned billionaires Larry Ellison and his son David, via Paramount Skydance, have topped Netflix in a bidding war to acquire Warner Bros. Discovery, taking control of CNN and HBO with a $31-per-share offer and signaling a MAGA-friendly leadership shift, including reports that Bari Weiss could helm CNN; Netflix declined to match, clearing the path for Paramount Skydance to own CNN and its subsidiaries.
- MAGA Billionaires Win Battle to Buy CNN and Turn it Trumpy The Daily Beast
- CNN Anchor Forced to Break the News He’s Getting a MAGA Boss The Daily Beast
- CBS News is convulsing as Larry Ellison tries to please Trump The Guardian
- With Paramount As A Potential New Owner, CNN CEO Mark Thompson Urges Employees, “Don’t Jump To Conclusions About The Future” Deadline
- Paramount’s Reputational Price status.news
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