David Ellison Secures Warner Bros as Trump Pushes for the CNN Sale

#LosAngeles, #USA
Paramount Skydance finalized a $110B acquisition of Warner Bros Discovery after Netflix CEO Ted Sarandos declined to match a $31 per share offer.David Ellison is expected to consolidate CBS News and CNN into a more conservative news operation while Donald Trump signals that selling CNN remains a necessity.The merger faces investigations by the DOJ and regulators in the EU and UK regarding potential job losses and market dominance.California Attorney General Rob Bonta warned that the deal is not yet final as state authorities examine antitrust concerns and the impact on local labor.
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#Belgium#UK#DavidEllison#Paramount#DonaldTrump#WarnerBros#TedSarandos#Netflix#RobBonta#CBSNews#CNN#DOJ#EU
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