Trump says he wants a new owner for CNN
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Paramount had to make a key change during the process of bidding for Warner Bros Discovery — explicitly promising that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights,
Host Joe Scarborough says the president is "basically tipping his hat" to regulators on what deals to agree on.
According to The Wall Street Journal, David Ellison, the CEO of Paramount and the son of billionaire Oracle co-founder and Trump ally Larry Ellison, has assured Trump administration officials that he would make “sweeping changes” to CNN if WBD were to come under his ownership.
Trump urges CNN's sale to new owners, calling current leadership "dishonest" amid Warner Bros. Discovery deal.
Paramount CEO David Ellison reportedly told multiple Trump administration officials he would demand changes to CNN if he took hold of WBD’s assets.
Hollywood has a rich history of personal vendettas, political discord and uncertain loyalties shaping the industry.
President Donald Trump raged against 'corrupt' CNN on Wednesday, saying he'd like to see the cable news network sold as part of a media megadeal.