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Munu

(188 posts)
Fri Feb 27, 2026, 05:39 AM Friday

MAGA billionaires win battle to buy CNN and turn it Trumpy [View all]

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 CNN’s parent company—and 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 Trump’s 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 Hollywood’s 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 role—meaning that he will be reunited with her in the near future.

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