"Shortly before the Presidential election of 2016, the telecommunications behemoth A.T. & T. announced a deal to acquire Time Warner, a merger that would bring together the former's distribution network with the latter's vast library of film and TV properties. After Donald Trump won, the deal hit a snag: namely, CNN, which Time Warner owned and Trump hated."
"Paramount Skydance, which already owns CBS News, had courted controversy by pulling the network in a Trumpward direction; according to the Guardian, Ellison père dangled the prospect of similar changes at CNN, including"
Paramount Skydance, chaired by David Ellison (son of tech billionaire Larry Ellison, a Trump ally), is positioned to acquire Warner Bros. Discovery after a failed bid and subsequent bidding war. This consolidation would place CBS News and CNN under single corporate control. The situation echoes the 2016 AT&T-Time Warner merger, when Trump allegedly pressured officials to block the deal due to CNN's coverage. That merger eventually closed after court approval. Paramount Skydance has already drawn controversy for shifting CBS News toward Trump-friendly coverage, with reports suggesting similar changes could occur at CNN under new ownership.
Read at The New Yorker
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