Trump endorses Paramount merger with David Ellison’s Skydance
President Trump approved David Ellison’s seizure of Paramount Global-CBS’s $ 20 billion on the “60-minute” case.
On Wednesday, Trump was asked to keep Skydan’s seizure in the federal examination of his seizure. The question came because they were clustered around the President of the White House to watch the installation of a flagpole of journalists.
The Paramount-Skyand agreement has been going on at the Federal Communication Commission since the end of the autumn last autumn.
Trump said he hoped to pass the agreement.
“Ellison is great. He will do a great job with him, Tr Trump said.
Later, it was observed that the relevance delay against the merger against the CBS and his parents was attached to the “60 minutes” interview with President Kamala Harris last autumn.
Since last October, Trump claimed that his Harris interview was organized to burn his chances in the November elections. CBS rejected the allegations by saying that the arrangements were routine. The raw images showed that Harris was correctly quoted, but Trump’s team said that he had experienced “mental pain” from the publication.
“They interviewed Kamala. The answer was terrible,” Trump said on Wednesday. “I can say that the election is threatening. … The answer was to threaten the choice, it was very incompetent.”
1. Amendment experts called Trump’s case meaninglessly, but Paramount wants to avoid a comprehensive legal struggle. Paramount’s leaders made an agreement to help the company cleans a road to Skydance to sell – this is an agreement that needs FCC’s approval.
The mediation process took a long time to solve the case filed in a Texas court.
“They’re working on a settlement, Tr Trump said Wednesday. He said that two senior CBS executives-CBS News president and “60 minutes” headmel-producer-unification examination was suddenly separated.
“They’re all fired,” he said.
At the end of last week, Trump’s legal team opened court documents requesting an extension of the deadline during the discovery process and announced that the two sides were working to make a decision.
At the beginning of this month, Ellison met with Trump while sitting in a ring in a UFC fight in New Jersey, according to video shoots shared online. Skydence refused to discuss Ellison’s interaction with Trump.
This year, Ellison chatted with the President at a UFC match. The first was in April.
Almost a year has passed since Paramount’s control shareholder Redstone and other Paramount directors, the technology billionaire Larry Ellison, a company supporter of Trump, approved a two -stage $ 8 billion agreement that would deliver to his son.
The agreement is also the Redstone Investment Tool of the Ellison family, National Amusenteds Inc.
Santa Monica -based Skydence, Comedy Central, Showtime and Bet, including Melrose Avenue Paramount Film Studio, Paramount+ Flow Service, CBS and cable channels are planning to reinforce the company.
SKYDANCE operations and personnel will endure Paramount.
The agreement faces a final regulatory obstacle: the consent of FCC President Brendan Carr’s 29 CBS television station license from Redstones to the Ellisons.
Senate approved this week Trump’s Second Republican Appointment Olivia Trusty.
