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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMAGA billionaires win battle to buy CNN and turn it Trumpy
MAGA billionaires win battle to buy CNN and turn it Trumpy (MSN) MAGA-aligned billionaires Larry Ellison and his son David have dramatically won a bidding war for CNNs parent companyand are now on track to turn it Trumpy.
Their Paramount Skydance company suddenly has won its bidding war against Netflix to acquire Warner Bros. Discovery after upping its bad and the younger Ellison attending Donald Trumps State of the Union address.
The move comes two days after Paramount Skydance revised its offer for the media conglomerate which also owns HBO, and is Hollywoods biggest movie make, from $30 per share to $31 per share.
Once the deal goes through CNN is widely expected to come under the control of Bari Weiss, the MAGA-curious Substacker who now runs CBS News. That network is already reeling from her turbulent leadership, with Anderson Cooper quitting 60 Minutes to focus solely on his CNN rolemeaning that he will be reunited with her in the near future.
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Their Paramount Skydance company suddenly has won its bidding war against Netflix to acquire Warner Bros. Discovery after upping its bad and the younger Ellison attending Donald Trumps State of the Union address.
The move comes two days after Paramount Skydance revised its offer for the media conglomerate which also owns HBO, and is Hollywoods biggest movie make, from $30 per share to $31 per share.
Once the deal goes through CNN is widely expected to come under the control of Bari Weiss, the MAGA-curious Substacker who now runs CBS News. That network is already reeling from her turbulent leadership, with Anderson Cooper quitting 60 Minutes to focus solely on his CNN rolemeaning that he will be reunited with her in the near future.
...
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MAGA billionaires win battle to buy CNN and turn it Trumpy (Original Post)
Munu
21 hrs ago
OP
Will they combine CNN and CBS and layoff 2/3 of the employees to pay for the merger?
bucolic_frolic
20 hrs ago
#2
underpants
(195,877 posts)1. Wow. Goodbye real world.
bucolic_frolic
(54,784 posts)2. Will they combine CNN and CBS and layoff 2/3 of the employees to pay for the merger?
Of course! The lawyers, MBA's, management, owners must be paid!
questionseverything
(11,716 posts)3. Anderson needs to start a competitive news channel
Munu
(183 posts)4. This !!!!!
Vinca
(53,694 posts)5. It was pretty much in the crapper anyway thanks to creatures like that Jennings character.
Anderson Cooper should bail as well as Kaitlin Collins.
travelingthrulife
(5,010 posts)6. Turn it all off.
Quiet Em
(2,759 posts)7. It turned Trumpy back when the brought in Chris Licht
and it's been Trumpy ever since.
I don't think they will ever recover. They went chasing an audience that was/is solely devoted to Fox and X to get their news. Chasing that audience even harder won't change anything.
Initech
(108,350 posts)8. Totally fucking gross. Fuck Larry Ellison for this.
May he and his son rot in hell.
the_liberal_grandpa
(287 posts)9. I don't watch CNN anymore anyway but
Do I cancel my Discovery Channel subscription?
dalton99a
(93,358 posts)10. Tech, TV, Movies and News: Ellisons on Brink of Colossal Empire
https://www.nytimes.com/2026/02/27/business/media/tech-tv-movies-and-news-ellisons-on-brink-of-colossal-empire.html
Tech, TV, Movies and News: Ellisons on Brink of Colossal Empire
If Paramount can close its deal to buy Warner Bros. Discovery, Larry and David Ellison will influence nearly every corner of news, entertainment and tech.
By John Koblin and Brooks Barnes
Feb. 27, 2026, 5:04 a.m. ET
As little as a year ago, Larry Ellison, at 80 years old, appeared to be winding down his long career as a tech mogul. And his son David Ellison owned a lone Hollywood company, and a rather minuscule one at that: Skydance Media.
But now the two are on the brink of overseeing an empire that touches nearly every corner of news, entertainment and tech.
If the Ellisons close their deal to fold Warner Bros. Discovery into what is now Paramount Skydance, as they are poised to do after Netflix abandoned its bid on Thursday night, the family will control companies as powerful and varied as CBS, Oracle, CNN, Warner Bros., Paramount Pictures and HBO.
Add in Oracles recent 15 percent stake in the venture that controls the American arm of TikTok, and their holdings would rival those of the Murdoch family at the height of its powers. In the 2000s and 2010s, the patriarch, Rupert, oversaw a major Hollywood studio, the Fox broadcast network, Fox News, the FX cable network, The New York Post, The Wall Street Journal and the Sky satellite television service in Europe.
Even without TikTok and Oracle, the Ellisons will have assembled a collection of Hollywood properties that, while smaller, puts them in the orbit of superpowers like Disney.
...
Tech, TV, Movies and News: Ellisons on Brink of Colossal Empire
If Paramount can close its deal to buy Warner Bros. Discovery, Larry and David Ellison will influence nearly every corner of news, entertainment and tech.
By John Koblin and Brooks Barnes
Feb. 27, 2026, 5:04 a.m. ET
As little as a year ago, Larry Ellison, at 80 years old, appeared to be winding down his long career as a tech mogul. And his son David Ellison owned a lone Hollywood company, and a rather minuscule one at that: Skydance Media.
But now the two are on the brink of overseeing an empire that touches nearly every corner of news, entertainment and tech.
If the Ellisons close their deal to fold Warner Bros. Discovery into what is now Paramount Skydance, as they are poised to do after Netflix abandoned its bid on Thursday night, the family will control companies as powerful and varied as CBS, Oracle, CNN, Warner Bros., Paramount Pictures and HBO.
Add in Oracles recent 15 percent stake in the venture that controls the American arm of TikTok, and their holdings would rival those of the Murdoch family at the height of its powers. In the 2000s and 2010s, the patriarch, Rupert, oversaw a major Hollywood studio, the Fox broadcast network, Fox News, the FX cable network, The New York Post, The Wall Street Journal and the Sky satellite television service in Europe.
Even without TikTok and Oracle, the Ellisons will have assembled a collection of Hollywood properties that, while smaller, puts them in the orbit of superpowers like Disney.
...
Hugin
(37,730 posts)11. They're still at war with the so-called Clinton News Network...
A saga extending back into Clintons term in office. when HRC was working on health care. The only thing that they seem proficient at is beating dead horses.
Why let a good bumper sticker go to waste, eh?