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The eye-popping numbers led Late Show host Stephen Colbert to muse about the Paramount bid during his monologue Tuesday night. (Paramount owns CBS, which airs The Late Show. )
President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.
H ollywood has produced another gripping drama. Netflix’s and Paramount’s $100bn battle to buy Warner Bros Discovery has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and even a cameo from the president’s son-in-law. As the studio weighs its options, expect weeks of entertainment.
The Anora director has strong feelings about Netflix's impending purchase of Warner Bros.
As the battle between Netflix and Paramount over who will own Warner Bros heats up again, Disney CEO Bob Iger on Thursday strategically stepped in with some opinions of his own. With his eyes on the streaming wars endgame,
Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."
The president's comments are notable because the proposed deal with Netflix would not include cable channels owned by Warner Bros. Discovery.
A future Congress controlled by Democrats would “review many of the decisions of the current Administration,” two House Democrats said Wednesday.
President Donald Trump, who has inserted himself into the U.S. government’s review of a potential deal for Warner Bros. Discovery, said it is “imperative” that CNN be sold as part of any deal Warner Bros.