One of the largest and most contentious acquisitions in the history of the modern media industry was finalized on Oct. 6 when Paramount Skydance completed its acquisition of Warner Bros. Discovery (WBD). The buyout creates “one of the largest media conglomerates in history,” as CNBC puts it. Among the Warner Bros. assets – if that is the right word – are the HBO Max streaming service, the iconic film studio, and TV networks including CNN.
Thus, the cable news network that has, to put it perhaps crudely but accurately, spewed anti-Trump propaganda since 2016 is now in the house of Paramount CEO David Ellison, son of Oracle co-founder Larry Ellison. Both men are known to have a warm relationship with none other than President Donald J. Trump.
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