Bombshell Letter Sounds Alarm on 'Meddling' MAGA Billionaire [View all]
More than 200 journalists and program makers have signed a letter warning of the impact that Paramount Skydances acquisition of Warner Bros. Discovery will have on CNN and HBO.
MAGA-friendly media conglomerate Paramount is in the process of acquiring WBD, the parent company of CNN and HBO, in an $81 billion deal that, if approved by shareholders, will ultimately merge HBO Max and Paramount+ into a single streaming service.
Paramount CEO David Ellison is a tech billionaire and Trump ally who has forged close links to the current U.S. administration. He has been spotted next to the president at UFC matches and attended this years State of the Union address with Republican Senator Lindsey Graham.
After Skydance merged with Paramount last year, bringing CBS under Ellisons control, he installed the MAGA-curious Bari Weiss as editor-in-chief of CBS News.
https://www.yahoo.com/news/politics/articles/bombshell-letter-sounds-alarm-meddling-071822573.html
Small correction, David Ellison is the son of Larry Ellison founder of Oracle. Like Trump his wealth comes mostly from having a rich daddy.
The only difference is Larry Ellison is still alive.