{"id":7035,"date":"2025-12-11T12:38:10","date_gmt":"2025-12-11T12:38:10","guid":{"rendered":"https:\/\/friscotimes.org\/?p=7035"},"modified":"2025-12-11T13:14:04","modified_gmt":"2025-12-11T13:14:04","slug":"warner-bros-merger-fight-draws-fire-across-u-s-political-divide","status":"publish","type":"post","link":"https:\/\/friscotimes.org\/?p=7035","title":{"rendered":"Warner Bros. merger fight draws fire across U.S. political divide"},"content":{"rendered":"\n

The battle for Warner Bros. Discovery Inc. has already lit a fire in Hollywood, with unions decrying the potential job losses, theaters sounding an alarm about the future of film releases and actors worrying about free speech.\u00a0<\/p>\n

\n

Now, the debate over which company will end up owning Warner Bros. \u2014 Netflix Inc. or Paramount Skydance Corp. \u2014 is carving up the country along political lines.<\/p>\n

In Republican circles, it\u2019s become fashionable to root against Netflix. Paramount is run by David Ellison, who has close ties to the White House and whose bid for Warner Bros. is backed by Jared Kushner, son-in-law of President Donald Trump. Some prominent Democrats, on the other hand, are voicing objections to the Paramount bid, crying foul over the $24 billion that\u2019s coming from Middle East sources.<\/p>\n

President Trump added drama on Wednesday when he said that any deal for Warner Bros. should include the sale of its CNN cable news network.<\/p>\n

\u201cIt should be guaranteed that CNN is part of it or sold separately,\u201d he said. The network is run by \u201ca very dishonest group of people.\u201d<\/p>\n

Warner Bros. and Paramount declined to comment. Netflix didn\u2019t respond to requests for comment.<\/p>\n

Few mergers in recent memory have been as polarizing at the battle for Warner Bros., which combines the glamour of Hollywood, the influence of TV news, foreign intrigue tied to Middle Eastern funds and the specter of White House favoritism.<\/p>\n

Trump\u2019s comment triggered even more uncertainty. He had previously\u00a0raised<\/a>\u00a0antitrust concerns about Netflix buying Warner Bros.<\/p>\n

After a months-long auction, Warner Bros. agreed last week to sell its studios and streaming business, including HBO, to Netflix for $27.75 a share. Under the Netflix deal, Warner Bros. would move forward with its plan to spin off its cable networks, including CNN and TNT, into a separate company called Discovery Global.<\/p>\n

Paramount, which kicked off the sale process by making several unsolicited offers for the company, responded on Dec. 8 by launching a $30-a-share hostile tender offer for all of Warner Bros., including the cable networks.<\/p>\n

Paramount released a letter to shareholders on Wednesday reiterating that its offer is superior and more likely to win approval in Washington.\u00a0<\/p>\n

Ellison has spoken publicly about having a good relationship with the Trump administration. His father Larry Ellison, the cofounder of Oracle Corp. and world\u2019s second-richest person, is a Trump ally.\u00a0<\/p>\n

Still, Trump hasn\u2019t fully endorsed Paramount\u2019s bid. He\u00a0bashed<\/a>\u00a0the company on Monday over a\u00a060 Minutes<\/em>\u00a0interview with Republican Congresswoman Marjorie Taylor Greene, who has become a vocal critic of the president. He also said that neither Netflix nor Paramount \u201care particularly great friends of mine.\u201d\u00a0<\/p>\n

Other politicians have been much clearer about who they\u2019re rooting against in the bidding war.<\/p>\n

In November, Republican Congressman Darrell Issa of California wrote a letter to Attorney General Pam Bondi asking whether a Netflix deal with Warner Bros. would give the streaming leader too much market power.<\/p>\n

\u201cNetflix is already the dominant streaming platform in the United States and permitting it to absorb a major competitor raises antitrust concerns that could result in a harm to consumers,\u201d Issa wrote.<\/p>\n

Democratic Representatives Sam Liccardo of California and Ayanna Pressley of Massachusetts sent a letter to Warner Bros. CEO David Zaslav on Wednesday raising concerns about the participation of foreign investors in Paramount\u2019s bid, which includes backing from sovereign wealth funds in Saudi Arabia, Qatar and Abu Dhabi.\u00a0<\/p>\n

\u201cThese investors, by virtue of their financial position or contractual rights, could obtain influence \u2014 direct or indirect \u2014 over business decisions that bear upon editorial independence, content moderation, distribution priorities, or the stewardship of Americans\u2019 private data,\u201d the lawmakers wrote.\u00a0<\/p>\n

Like many in Hollywood, Democratic Senator Elizabeth Warren of Massachusetts would prefer no sale at all. She called Paramount\u2019s offer a \u201cfive-alarm antitrust fire\u201d on Monday after previously branding Netflix\u2019s bid as an \u201canti-monopoly nightmare.\u201d<\/p>\n

Within the pro-Trump MAGA-verse, influencers and media commentators called on Trump to block a Netflix-Warner Bros. deal. Conservative commentator Laura Loomer zeroed in on Netflix\u2019s ties to former President Barack Obama and his wife Michelle. They signed a deal with the company in 2018.<\/p>\n

\u201cIf Netflix is allowed to buy Warner Bros. and Trump\u2019s administration doesn\u2019t kill off the merger, CNN will be transformed into the Obama News Network, featuring shows hosted by Michelle Obama @MichelleObama where she lectures Americans about how racist and sexist we are,\u201d Loomer wrote on X.\u00a0<\/p>\n

Right-wing podcaster Benny Johnson said combining Netflix with Warner Bros.\u2019 streaming and studios asset would be \u201cthe most dangerous media consolidation in American history\u201d and deliver \u201ca monopoly on children\u2019s entertainment\u201d to \u201cthe Democrat super-donors that run Netflix.\u201d<\/p>\n

Former US Representative Matt Gaetz, who was previously nominated for attorney general by Trump before withdrawing,\u00a0wrote<\/a>\u00a0\u201cTRUMP MUST STOP THIS!\u201d in a post on X shortly after the Netflix deal was announced.<\/p>\n

\u201cThe most massive content distributor lashing to a massive content producer \/ catalog will create a homogenized, woke nightmare for the media landscape,\u201d he wrote.<\/p>\n

For Hollywood, much of the focus has been on how each deal would impact an industry already facing job losses, production cuts and the threat of artificial intelligence.\u00a0<\/p>\n

With Netflix co-CEO Ted Sarandos previously\u00a0deeming<\/a>\u00a0the experience of going to a movie theater to be \u201coutdated,\u201d some in the industry are concerned his company\u2019s takeover of Warner Bros.\u2019s streaming business would spell disaster for theater chains and film production.\u00a0<\/p>\n

Michael O\u2019Leary, CEO of movie theater trade group Cinema United, said in a statement last week that the Netflix deal \u201cposes an unprecedented threat to the global exhibition business.\u201d<\/p>\n

\u201cNetflix\u2019s stated business model does not support theatrical exhibition,\u201d he wrote. \u201cIn fact, it is the opposite.\u201d<\/p>\n

The Producer\u2019s Guild of America urged protection for producers\u2019 livelihoods and theatrical distribution.\u00a0<\/p>\n

\u201cOur legacy studios are more than content libraries \u2013 within their vaults are the character and culture of our nation,\u201d the guild said.<\/p>\n

Actress Jane Fonda spoke out against the Netflix deal last week calling it \u201can alarming escalation of the consolidation that threatens the entire entertainment industry, the democratic public it serves and the First Amendment itself.\u201d<\/p>\n

Other creatives commented on how the consolidation might affect consumers. In\u00a0a skit<\/a>\u00a0from\u00a0Morning Brew<\/em>\u2019s YouTube Channel\u00a0Good Work<\/em>, a movie viewer starts to stream a film at home, only to be barraged by a series of studio logos that include Netflix, Warner Bros., Paramount, HBO, Pixar and the Saudi Arabia Public Investment Fund. The viewer quickly gets bored before grabbing the remote.<\/p>\n

\u201cLet\u2019s turn this off,\u201d he says.\u00a0<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

The battle for Warner Bros. Discovery Inc. has already lit a fire in Hollywood, with unions decrying the potential job losses, theaters sounding an alarm about the future of film…<\/p>\n","protected":false},"author":864,"featured_media":7036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[6],"tags":[7201,172,8092,311,2424,8091,62,668,8048],"jetpack_publicize_connections":[],"yoast_head":"\nWarner Bros. merger fight draws fire across U.S. political divide - Frisco Times<\/title>\n<meta name=\"description\" content=\"Elizabeth Warren called Paramount\u2019s offer a \u201cfive-alarm antitrust fire\u201d after previously branding Netflix\u2019s bid as an \u201canti-monopoly nightmare.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/friscotimes.org\/?p=7035\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Warner Bros. merger fight draws fire across U.S. political divide - 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