Lawmakers Probe Paramount CEO Over Warner Acquisition
House Democrats asked David Ellison if he offered Donald Trump favorable press coverage for the Warner merger. They also requested records of political donations.
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United States lawmakers asked Paramount Skydance CEO David Ellison if he offered CNN coverage changes to secure a WARNER BROS DISCOVERY INC merger. The inquiry follows Ellison's $8.4 billion acquisition of the CBS parent and a months-long bidding war against NETFLIX INC. Political scrutiny of media consolidation could delay the deal's expected closing in the third quarter this year.
