google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Hollywood News

Trump Slams Paramount Over CBS Coverage as Warner Battle Looms

President Donald Trump, Warner Bros. He voiced his displeasure with the owners of Paramount Skydance Corp. over CBS News’ coverage of his presidency, in the latest signal of how he might lean into the fight to buy Discovery Inc.

Paramount is seeking a friendly offer from Netflix Inc. to buy the studio and has touted its ties to the president.

Paramount chief David Ellison, whose father, Larry Ellison, is a longtime donor and supporter, has pointed to his relationship with Trump to suggest easier regulatory review. He also recently appointed Bari Weiss, an openly “anti-woke” political commentator, to head CBS News. And Trump’s son-in-law, Jared Kushner, helped arrange financing for Paramount’s bid.

But on Tuesday, Trump suggested he was disappointed by the Tiffany Network’s reporting.

“To people who think I’m close to the new owners of CBS, please understand that 60 Minutes has treated me worse than ever since the so-called ‘takeover,'” Trump said in a social media post. he said. “If they’re friends, I hate to see my enemies!”

The president has so far refused to say which of the proposals he supports. But the president said earlier this month that CNN, the cable news network and Warner Bros. He signaled that he wanted a sale that would include new ownership that had not existed in his portfolio for a long time.

Gaining the president’s approval could pose a critical—albeit historically anomalous—obstacle to a deal. The White House said the President respects both companies but expects to be involved in finalizing an acquisition and is concerned about market diversification.

US law prohibits acquisitions or mergers that “could substantially lessen competition or tend to create monopolies.”

This article was generated from an automated news agency feed without modifications to the text.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button