Reports suggest Paramount Skydance, led by David Ellison, is the frontrunner in the bidding war for Warner Bros. Discovery, potentially due to its interest in acquiring CNN and its appeal to certain political figures. The move could have implications for the theatrical business, especially if Netflix, which has historically prioritized streaming, were to win the bid.
podcast that Netflix purchasing Warner Bros. would further hurt the theatrical business – something the company has actively opposed in favor of streaming for over a decade. “I think Paramount’s the best choice,” Cameron said.
“Netflix would be a disaster. Sorry, Ted, but geez. Sarandos has gone on the record saying theatrical films are dead. ‘Theatrical is dead.’ Quote, unquote.”, David Ellison’s Paramount Skydance reportedly has the best chance in the brewing bidding war to purchase Warner Bros. Discovery due to an unlikely advantage: CNN. The bidding war kicked into high gear last week with Paramount Skydance, Comcast, and Netflix leading the charge. According to the, Paramount Skydance has the best pitch due to Larry Ellison and CEO David Ellison’s eye on CNN with an aim to buy the studio’s cable-news subsidiary.. “Trump, meanwhile, desperately wants CNN — whose correspondents regularly spar with him at the White House and on Air Force One — ‘neutralized’ out of its anti-MAGA coverage, one top broadcast executive recently told.” “And in his thinking, Larry Ellison, the billionaire Trump donor who is co-founder of software giant Oracle, is the perfect vehicle to set CNN straight,” it added. “Specifically, Trump wants the Ellisons to do to CNN what they are doing with their CBS subsidiary after hiring Bari Weiss, the right-of-center columnist who is under orders to squeeze left-wing bias out of its news programming.” Insider reports say that the Ellisons actually view CNN as a viable business model due to its global reach with reporters and correspondents in nearly every country. Despite its issues in the current marketplace, it still makes $500 million in yearly profits.Oregon Gov. Threatens to Investigate, Prosecute Federal Agents Enforcing Immigration LawsCapehart: Trump Immigration Crackdown Hurts Security, Alleged Shooter ‘Was Helping Us’ in AfghanistanThe CIA, the Kennedys, and MAHA: RFK Jr., Oliver Stone Team Up for Film ‘RFK: Legacy’; Exclusive Interview with Director Sean StoneTrever Nehls Launches Bid to Succeed Twin Brother Rep. Troy Nehls in Texas Congressional Race
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