Paramount Skydance is Exploring a Bid to Acquire Warner Bros. Discovery

Skydance

Early today we brought the news that DC had cancelled Red Hood and fired writer Gretchen Felker-Martin likely due to comments made on social media in response to the killing of Charlie Kirk. In that article, we speculated there’s a chance DC is “playing it safe” in deference to its corporate owner Warner Bros. Discovery as they may need future approval from the Trump administration who already has a negative opinion about some of its divisions, CNN.

Not long after, news broke and Deadline is reporting that Paramount Skydance was exploring a bid to acquire Warner Bros. Discovery. Now that Skydance Media has closed its deal to acquire Paramount Global, there’s speculation that Larry Ellison has turned his sights on to Warner Bros. Discovery next.

Larry Ellison is one of the richest people in the world with an estimated worth around $393 billion and The Wall Street Journal has said that the majority would be a cash bid.

Currently Warner Bros. Discovery is in the process of splitting into two distinct companies again. It’s unknown if the exploration for the purchase involves just the Warner Bros. Studios part of that split or the entire package. According to a Deadline source, Ellison has been look at the company for a while and now they’re taking a closer look.

Any such purchase would need the approval of the Trump administration’s Justice Department for antitrust concerns and there would be a need for all companies to keep the administration happy, so minimizing negative coverage and criticism. Yes, that’d trickle down to a writer on a comic book.

Paramount has appointed Trump’s former ambassador to Japan and conservative Kenneth Weinstein to oversee CBS News as “an independent, internal advocate for journalistic integrity and transparency, reviewing concerns raised by employees and viewers, addressing questions about news coverage, and upholding the organization’s longstanding commitment to accuracy and accountability.” That appointment was part of the agreement from Trump’s FCC to approve the Skydance and Paramount merger. They also agreed to pay $16 million to Trump’s foundation to settle a lawsuit he brought against the company last year. The company is also under fire for agreeing to provide free airtime to Trump. There’s also the canceling of The Late Show With Stephen Colbert which is believed to have been done to appease the Trump administration.


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