Paramount’s hostile bid for Warner Bros. shaken
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Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?
President Donald Trump, for some reason, lashed out again at Paramount Skydance chief David Ellison and his father, Larry Ellison — complaining about his treatment by CBS News’ “60 Minutes” newsmagazine.
Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.
The decision to inject himself is particularly extraordinary given the president’s own conflicts and interests, according to legal experts.
"Wow. I gotta say, if my company's got that kind of green, I'm sure they can afford to uncancel one of their best shows," the host said.