This business deal in the media is so convoluted - most likely by design - that I had to consult AI to understand it.
The bottom line is this: Paramount, which recently merged with Skydance with the blessing of federal non-regulators and owns CBS, is pursuing a hostile, all-cash bid in December 2025 to buy all of Warner Brothers-Discovery (WBD), for $30 per share, to prevent Netflix's offer for WBD's studio and streaming assets. The deal not only has the support of Donald Trump but also his son-in-law Jared Kushner; the Plastic Man is providing funding for the possible Paramount/Skydance deal from interests in the Middle East, as well as support from MBS - I don't mean the Mutual Broadcasting System, which went off the air over a quarter century ago.
Paramount claims that the acquisition of WBD would mean "more content, better linear networks (CBS and CNN), and significant cost savings," while a Netflix takeover of WBD would mostly focus on streaming. Paramount, by contrast, is apparently promising miracles.
When a media conglomerate promises miracles, just remember - Jesus is the only person who can promise a miracle and deliver.
Paramount doesn't want to control WBD to provide more and better content. It wants to take over as many media outlets and make them as Trump-friendly as possible. Larry Ellison, who runs Paramount, and his son David want to turn CNN into a mouthpiece for Trump (although, to be honest, many CNN anchors appear to be auditioning to be Trump mouthpieces already) and do to CNN what Bari Weiss is doing to CBS News - make it an outlet for government-friendly spin, lightweight features, and whatever Weiss calls "the fucking news." Now she might get to perform the act of fucking CNN. And with so many broadcast and entertainment media under one umbrella, the Ellison family can and would make sure that nothing that could actually inform or enlighten folks gets through.
The good news is that there is still freedom of the press in These States. The bad news is that the corporate media - already vacuous and intellectually bankrupt - is seeing to it that only a handful of rich people actually own the press. Freedom of speech? You can speak out, good luck if anyone hears you. Heck, you can write a letter to the editor of whatever newspapers and magazines are still putting out print editions, but that doesn't mean it will be published. And if you speak out against the Saudis through a possible Ellison-owned media establishment - well, goo luck, you're going to need it.
Knowyour rights in These States/ just be extremely careful how to use them.

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