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\n\t\t\t\t\tU.S. judge rules Trump policy on deportation of migrants as unlawful<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nPresident Donald Trump has a close relationship with the billionaire Oracle founder Larry Ellison, the father of Paramount\u2019s CEO David Ellison who is heavily backing Paramount\u2019s bid to buy Warner. And Paramount\u2019s aggressive push to acquire Warner arrived just months after Skydance closed its own buyout of Paramount in a contentious merger approved just weeks after the company agreed to pay the president $16 million to settle a lawsuit over editing at Paramount\u2019s \u201c60 Minutes\u201d program on CBS.<\/p>\n
Still, Trump has continued to publicly lash out at Paramount over editorial decisions at CBS\u2019 \u201c60 Minutes.\u201d And while the president previously made unprecedented suggestions about his involvement in seeing a Warner deal through, he\u2019s since walked back those statements and maintained that regulatory approval will be up to the Justice Department.<\/p>\n
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Still, top Democratic lawmakers have sounded the alarm about the Republican president\u2019s ties to companies like Paramount and potential consequences of growing corporate power.<\/p>\n
\u201cA handful of Trump-aligned billionaires are trying to seize control of what you watch and charge you whatever price they want,\u201d Democratic Sen. Elizabeth Warren, a longtime antitrust hawk, said in a statement Thursday night. She also called a potential Paramount-Warner combo an \u201cantitrust disaster.\u201d<\/p>\n
Executives at Paramount have argued that merging with Warner will allow it to compete with bigger rivals particularly in the streaming space, and bring larger content libraries for its customers. But Warren and other critics say such a merger threatens higher prices, and that a Warner takeover would only further consolidate power in an industry already run by just a few major players. Some trade groups also warn that could mean job losses and less diversity in filmmaking.<\/p>\n
When Netflix was still in the running, one of its key arguments against a Warner-Paramount tie-up was that it would combine two very similar companies: two legacy studios, two theatrical channels and two major news networks. The streaming giant said that posed a higher risk for job losses and other competition concerns.<\/p>\n
In contrast, executives from both Netflix and Warner argued at a Senate antitrust hearing earlier this month that Netflix doesn\u2019t have the same studios and film distribution that Warner does. That was \u201cone of the reasons that the Netflix offer appeals to us so much,\u201d Bruce Campbell, Warner\u2019s chief revenue and strategy officer, told senators on Feb. 3 \u2014 noting that the company believed Netflix would not only keep Warner\u2019s operations intact, but \u201cinvest in continued production.\u201d<\/p>\n
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How regulators will respond to a Warner-Paramount deal remains to be seen. The U.S. Department of Justice has already initiated reviews, and other countries are expected to do so, too.<\/p>\n
Warner shareholders will have to be convinced, too. Beyond a higher price, Paramount has also tried to entice them by pledging to move up a previously-promised \u201cticking fee.\u201d The company initially said it would pay 25 cents per share for every quarter the deal drags on past the end of the year. Now it\u2019s agreed to pay that amount if the deal doesn\u2019t go through by the end of September. It also agreed to a regulatory termination fee of $7 billion.<\/p>\n
But Paramount is taking on billions of dollars in debt to finance its offer \u2014 something critics have warned could only increase to the likelihood of potential job losses and other restructuring down the road. Foreign sovereign wealth funds have also provided equity for the offer, drawing added scrutiny.<\/p>\n\n\n\t\tCurator Recommendations<\/span>\n\t<\/p>\n\n- \n
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\n\t\t\t\t\tSpring 2026 fashion trends you need to know<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section><\/div>\n#Netflix #walks #Warner #Bros #deal #clearing #path #Paramount #National<\/p>\n","protected":false},"excerpt":{"rendered":"
Netflix is walking away from its offer to buy Warner Bros. Discovery\u2019s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival. On Thursday, Warner\u2019s board announced that Skydance-owned Paramount\u2019s latest offer to buy the entire company for $31 per share was superior […]<\/p>\n","protected":false},"author":1,"featured_media":3812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[3712,3713,108,1206,17,50,2442,3709,3714,3710,399,40,520,3711,3708],"class_list":{"0":"post-3811","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics","8":"tag-bros","9":"tag-clearing","10":"tag-deal","11":"tag-entertainment","12":"tag-money","13":"tag-national","14":"tag-netflix","15":"tag-paramount","16":"tag-path","17":"tag-skydance-media","18":"tag-tech","19":"tag-u-s-news","20":"tag-walks","21":"tag-warner","22":"tag-warner-bros"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3811"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/3812"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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