Trump Suggests Selling or Overhauling CNN as Warner Bros. Discovery Battle Intensifies
President Donald Trump has thrown his weight behind the idea of selling or overhauling Cable News Network (CNN), citing the network's alleged bias against him and his supporters. The remarks come at a time when Netflix is set to acquire Warner Bros. Discovery, a parent company that owns both CNN and other popular media assets like HBO.
Trump has long been critical of CNN, labeling it "fake news" and accusing its leadership of being corrupt or incompetent. He claims that the network's ratings are low and that he would prefer not to see the same management in charge of CNN any longer.
The comments from Trump have raised concerns about conflicts of interest and media independence. As federal regulators review two competing bids for Warner Bros. Discovery, one from Netflix worth nearly $83 billion and another from Paramount Skydance at $108.4 billion, Trump's demands may further intensify questions over the fate of CNN.
Paramount Skydance's bid includes control over CNN, which could potentially lead to a vertically integrated media conglomerate with sweeping influence over everything from HBO to cable sports networks. Critics have warned that this arrangement could sharpen concerns about editorial independence in political coverage and national security risks if the administration were to favor that deal.
The outcome of the bidding process will reshape American entertainment and news, potentially under the shadow of a president who has vowed to play a role in the decision. Any Netflix or Paramount Skydance deal must clear intense antitrust scrutiny at the Justice Department before it can close.
President Donald Trump has thrown his weight behind the idea of selling or overhauling Cable News Network (CNN), citing the network's alleged bias against him and his supporters. The remarks come at a time when Netflix is set to acquire Warner Bros. Discovery, a parent company that owns both CNN and other popular media assets like HBO.
Trump has long been critical of CNN, labeling it "fake news" and accusing its leadership of being corrupt or incompetent. He claims that the network's ratings are low and that he would prefer not to see the same management in charge of CNN any longer.
The comments from Trump have raised concerns about conflicts of interest and media independence. As federal regulators review two competing bids for Warner Bros. Discovery, one from Netflix worth nearly $83 billion and another from Paramount Skydance at $108.4 billion, Trump's demands may further intensify questions over the fate of CNN.
Paramount Skydance's bid includes control over CNN, which could potentially lead to a vertically integrated media conglomerate with sweeping influence over everything from HBO to cable sports networks. Critics have warned that this arrangement could sharpen concerns about editorial independence in political coverage and national security risks if the administration were to favor that deal.
The outcome of the bidding process will reshape American entertainment and news, potentially under the shadow of a president who has vowed to play a role in the decision. Any Netflix or Paramount Skydance deal must clear intense antitrust scrutiny at the Justice Department before it can close.