Donald Trump has intervened in the acquisition battle for Warner Bros. Discovery, advocating for the sale of CNN and backing Paramount's $108.4 billion hostile bid, which is financed by Jared Kushner's Affinity Partners.Paramount's offer competes with Netflix's $82.7 billion bid for WBD's studios and streaming assets, with both proposals highlighting the declining value of cable TV networks like CNN, Food Network, and TNT, often called "CrapCo."CNN CEO
Mark Thompson faces scrutiny as WBD navigates these offers and the planned 2026 spinoff of
Discovery Global, all while regulatory approval is pending for both bids.