Source: The American Prospect
by David Dayen
“In progressive circles, there is a great fear about the consolidation of Hollywood and the broader media into the hands of allies of MAGA. ABC’s capitulation to Trump is well documented. Larry Ellison’s son David bought Paramount: Stephen Colbert was suddenly off the air, and Bari Weiss was running CBS News. Oracle, Ellison’s company, is the main benefactor of the still-pending TikTok acquisition from its Chinese parent. And Paramount made several overtures to Warner Bros. Discovery (WBD) to buy the company, consolidate its TV and film studios along with its array of cable channels under one roof, and put a conservative oligarch family in charge of CBS, CNN, and a large segment of American entertainment and media. But WBD decided to look at other offers. And today, they chose the higher-value bid: an $82.7 billion merger with Netflix.” (12/05/25)
https://prospect.org/2025/12/05/netflix-warner-bros-entertainment-domination/