"The confluence of two seemingly unrelated news events in recent days the first one roiling Hollywood and media from coast to coast, the other playing out before the Supreme Court was nothing short of uncanny. And disturbing. The first news was the one-two punch of this month's bombshell that Netflix planned to swallow up Warner Bros. Discovery's studio and streaming business to create an entertainment industry behemoth,"
"Suck up, pay to play As if anyone doubted that Trump would be the de facto decider here. Certainly Netflix co-Chief Executive Ted Sarandos and Paramount CEO David Ellison didn't doubt. The warring rivals each have been courting Trump's favor, just as he likes and as other corporate chieftains have learned to do in the suck-up, pay-to-play world Trump has built from his gilded White House."
Netflix made a bid to acquire Warner Bros. Discovery's studio and streaming operations, and Paramount Skydance responded with a hostile bid for all of Warner. President Donald Trump publicly stated he would be involved in deciding the outcome and has met with media executives, including Netflix co-CEO Ted Sarandos. Rival bidders courted Trump's favor while facing scrutiny over market concentration. Trump alternated praise and criticism of the companies and reacted to partisan programming decisions, and Paramount's CEO cultivated access that included appearances in the presidential box and investor ties involving Jared Kushner.
Read at www.mercurynews.com
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