- An individual partnered with CBS on a new late-night business model, driven by a desire to flatter President Trump's views.
- A network associated with CBS is undergoing sweeping changes due to owner preferences aligning with Donald Trump's views, pending FCC approval.
- Concerns are rising about the Paramount purchase and how it might interfere with HBO documentaries, driven by CEO Ellison's leadership and political views regarding Trump.
FTC settlement mandates production commitments in Paramount-Warner Bros. Discovery merger
What happened
The Federal Trade Commission reached a settlement regarding the $110 billion merger between Paramount and Warner Bros. Discovery. Under the terms, Paramount pledged to spend an additional $1.5 billion on domestic production over five years. The deal also requires Paramount to release at least 30 movies theatrically each year, rising to 32 after the first two years.
From nypost.com
Why it matters
The settlement allows the merger to proceed. It mandates commitments aimed at increasing domestic film production and requires independent editorial boards for CBS News and CNN.
Concerns are rising about the Paramount purchase and how it might interfere with HBO documentaries, driven by David Ellison's leadership and political views regarding Trump.
From nypost.com
Who's involved
- BASSCalifornia Governor who addressed concerns about employment during the merger process
- David EllisonCEO of Skydance Media and party involved in the proposed acquisition
- Federal Trade CommissionFederal government agency that oversaw the merger review process
- Warner Bros. DiscoveryAmerican mass media and entertainment conglomerate involved in the acquisition
Keep exploring
Part of
Concerns are rising about the Paramount purchase and how it might interfere with HBO documentaries, driven by CEO Ellison's leadership and political views regarding Trump.Also in this story
- Paramount CBS was sold to Larry Ellison, leading to executive firings and settlements under a Trump-tilted regime.
- Netflix beat Paramount's bid for Warner Bros, while Larry Ellison cultivated ties with Trump and California AG criticized Trump's antitrust stance.
- David Ellison's influence is reportedly affecting CNN's editorial direction and leading to Bari Weiss's appointment as editor-in-chief of CBS News.
The entities involved
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BASS
audio library by Un4seen
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David Ellison
natural resources researcher
Nothing else this week.
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Federal Trade Commission
United States federal government agency