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Yo_Mama_Been_Loggin

(137,825 posts) Thu May 28, 2026, 02:18 PM Thursday

Bombshell Letter Sounds Alarm on 'Meddling' MAGA Billionaire

More than 200 journalists and program makers have signed a letter warning of the impact that Paramount Skydance’s 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 year’s State of the Union address with Republican Senator Lindsey Graham.

After Skydance merged with Paramount last year, bringing CBS under Ellison’s 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.

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Bombshell Letter Sounds Alarm on 'Meddling' MAGA Billionaire (Original Post) Yo_Mama_Been_Loggin Thursday OP

Ahhhh, Larry Ellison, father of David. I thought the name sounded familiar, thanks for the additional SWBTATTReg Thursday #1

SWBTATTReg

(26,460 posts)

1. Ahhhh, Larry Ellison, father of David. I thought the name sounded familiar, thanks for the additional

Reply to Yo_Mama_Been_Loggin (Original post)

Thu May 28, 2026, 03:31 PM

Thursday

clarification (and of course the article, I wondered what went on w/ CBS and other companies in that space, sure doesn't sound good, but one, maybe hopeful thing, is that they'll all vastly overpay for these properties, expecting to make a killing, while the entire streaming Industry is booming by leaps and bounds, one that very competent enterprisers can develop a new off the floor streaming service, and bring it up to par if they play their cards right and people like their content. It's kind of like the beginning of the IT/digital world w/ all of the newly minted billionaires (the streaming services, which are popping up everywhere).

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