‘No expansion of fake news networks’—Trump intensifies attack on media, says TV channels working for radical left

Group 1: Media Industry Dynamics - US President Donald Trump opposes the expansion of television networks, specifically targeting ABC and NBC, claiming they are biased towards the left and should be reduced in size [1][2] - Trump's comments come in response to a potential merger between Nexstar Media Group and Tegna Inc., which could allow networks to increase their reach [2] - The FCC head Brendan Carr has threatened to revoke broadcast licenses of ABC-owned local stations following controversial comments made by a comedian about a conservative influencer [3] Group 2: Warner Bros Discovery Inc. Situation - Warner Bros Discovery Inc. is considering a potential sale, which could lead to further turmoil for the company, facing its fourth owner in seven years [4] - The company has struggled as consumers and advertisers shift from traditional TV to streaming, but recent takeover rumors have caused its shares to nearly triple in value over the last two months [6] - Warner Bros Discovery's market capitalization is approximately $57 billion, with around $33.5 billion in debt [6]