Donald Trump Praises Newly Merged Paramount-Warner Bros. Deal
Key Takeaways
- Donald Trump publicly endorsed the Paramount-Warner Bros. merger.
- The merger officially closed, forming the new entity Skydance Corp.
- David Ellison pledged to protect the editorial independence of CNN and CBS.
- The deal overcame antitrust lawsuits from state attorneys general.
President Donald Trump expressed strong support for the newly finalized merger between Paramount and Warner Bros. Discovery, which now operates as Skydance Corp. Trump, who maintains personal ties with David Ellison and his father Larry, praised the leadership team and predicted the new company would be a major success.
The deal faced intense scrutiny and an antitrust lawsuit from several state attorneys general, who feared potential political influence over news outlets like CNN. However, the merger was cleared by the Justice Department and finalized after a court-approved settlement. David Ellison has since reaffirmed his commitment to journalistic integrity, promising that news divisions will remain independent.
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