Group 1 - President Trump opposes any Warner Bros. Discovery Inc. deal that does not include CNN, emphasizing that CNN should be sold along with the company or separately [1][2] - Netflix has proposed to acquire Warner Bros. TV and film studios, including HBO, at a valuation of $27.75 per share, while Warner Bros. plans to spin off its cable channels, including CNN, before finalizing the Netflix deal [2] - Paramount Skydance Corp. is attempting to acquire all of Warner Bros., including CNN, for $30 per share, with significant attention from both Hollywood and Washington regarding Trump's comments on the deals [3] Group 2 - David Ellison, CEO of Paramount Skydance, has promised Trump significant changes at CNN if he gains control of the network's parent company, and Trump's son-in-law, Jared Kushner, is involved in financing Ellison's competing offer [4] - Ellison has communicated to Warner Bros. investors that his proposal offers better value and a higher likelihood of passing regulatory scrutiny, urging support for his tender offer [5] - Trump has met with Netflix co-CEO Ted Sarandos regarding the deal but has not publicly favored either offer, indicating potential involvement in the regulatory review process [5][6]
Trump says Warner Bros. deal should include sale of CNN