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Red state courts Trump-allied Hollywood giant looking to flee California: reports

A red state is capitalizing on a major Hollywood studio's rift with California over a Trump-backed merger, per reports.

According to a Tuesday article by The Hollywood Reporter, Tennessee is courting Paramount Skydance as it sets its sights on a new home. Paramount Skydance has threatened to leave California after a coalition of a dozen attorneys general filed a lawsuit to block a $111 billion merger with Warner Bros. Discovery. The Trump Department of Justice greenlit the merger earlier this year.

The Tennessee Department of Economic and Community Development sent a letter on July 2 to Paramount Skydance CEO David Ellison, in which it tried to woo the Trump-allied chairman.

"Congratulations on this remarkable new chapter for Paramount Skydance. Few leaders have the opportunity to redefine an iconic company while simultaneously shaping the future of an industry," reads the letter, signed by Tennessee Deputy Governor Stuart McWhorter. "As you look ahead, I encourage you to consider Tennessee as the home for that future."

The Hollywood Reporter noted that Ellison used to live on and off in Tennessee for 11 years from 2014 to 2025. The Reporter added that Oracle, the tech company owned by Larry Ellison, plans on building a massive campus in Nashville, and Clay Magouyrk, the co-CEO of Oracle, lives in Tennessee.

Warner Bros. Discovery also used to maintain an office complex in Knoxville after a 2017 Scripps Network deal. Warner Bros. Discovery, the parent company of the historic Hollywood studio, sold the property in 2023, according to The Hollywood Reporter.

"Tennessee offers a compelling proposition: a state where creativity and technology converge, where talent is developed intentionally, and where innovation is embraced," the letter promised.

State AG scoffs at Trump ally's 'last-ditch' attempt to 'blackmail' him over mega merger

A state attorney general brushed off a "blackmail" attempt by a media executive amid a lawsuit against a Trump-backed merger.

During an interview with former CNN anchor Jim Acosta, California Attorney General Rob Bonta talked about how David Ellison, the head of Paramount Skydance, threatened to pull out of Hollywood if his merger with Warner Bros. Discovery gets blocked. The Trump Department of Justice greenlit the merger earlier this year, paving the way for Paramount to take over the major Hollywood studio.

"That just felt like a desperate last-ditch effort to try to blackmail my office and the other AGs who have a job to do," Bonta said. "A duty to regulate and to blackmail us into allowing an illegal merger to go through, which we can't do, we won't do, we didn't do, we will never do."

Political commentators have already noted how the industry-shaking merger between Paramount and Warner Bros. could crush the California economy if Paramount moves. California is now leading a coalition of 12 attorneys general who filed a lawsuit on Monday to stop the purchase on antitrust grounds. Bonta says that Ellison is now threatening to leave California to stop the lawsuit.

"It didn't work," Bonta said. "That's the kind of conduct you see from monopolists trying to strong-arm their way into existence and trying to get their way."

Bonta stressed that the lawsuit is meant to stop Ellison from forming a media monopoly that can raise prices and "to prevent the harm to everyday people who, while sitting on a couch, just want to get access to basic cable channels like Comedy Central and Nickelodeon," he said.

"Or on a special occasion, want to go to the movies to celebrate an anniversary or go on a date and experience some of the joys of life without it breaking the bank," Bonta said. "That's exactly why we brought our lawsuit to prevent monopolistic behavior."

Read on Substack

Trump-blessed 'corrupt' merger will quietly gut blue state's economy: ex-GOP operative

The Trump administration's green light for an industry-shaking deal will gut a deep blue state's economy, a former GOP operative warned.

Paramount Skydance plans to acquire Warner Bros. Discovery, and the $110 billion deal has the approval of Trump's Department of Justice. Steve Schmidt warned in his podcast about how the deal and moves by Paramount Skydance CEO David Ellison will crush California.

"The impact of it to the state of California is immense," Schmidt said. "What will ultimately happen is David Ellison will move Paramount out of California to Texas. It will devastate the Los Angeles economy, the state economy by doing so."

Schmidt called on the California Legislature to gather for a special session for "investigating this merger, not as an anti-competitive merger, but as a corrupt act that was commenced with the payment of a bribe from Shari Redstone," Paramount's former controlling shareholder, who agreed to sell the company to David Ellison's Skydance. The "bribe" Schmidt means is Paramount's $16 million settlement of Trump's CBS lawsuit.

"They ought to investigate it as such all the way through," Schmidt said of California lawmakers. "And Democrats are going to have to be very, very tough customers as we get closer and closer to the election."

CNN's Kaitlan Collins in the crosshairs after Trump DOJ decision: strategist

Paramount Skydance's greenlight to purchase Warner Bros. Discovery will lead to a major shakeup at CNN, warned a political strategist.

The upheaval coming for CNN will make recent events at CBS look like peanuts, political strategist Chai Komanduri said on MS NOW. While Paramount awaited approval from the Trump administration for the Warner Bros. deal, CBS ended "The Late Show with Stephen Colbert" and ousted a slew of "60 Minutes" anchors and producers.

"Now, if you can replicate that on CNN, and you can diminish and downsize the voices in opposition to Trump or the criticism of moves of the administration, that gives Trump a lot more power," Komanduri said. "The stories that we have heard out of CBS News will be peanuts compared to the stories that will probably come out from CNN."

He warned Kaitlan Collins, the CNN correspondent who has been the target of Trump attacks, and said the Trump administration is "very much interested in who gets to be the CNN White House correspondent."

The Trump Department of Justice gave Paramount CEO and MAGA ally David Ellison the thumbs-up to acquire Warner Bros. for $110 billion. One of the most notable Warner Bros. properties is CNN, along with streaming services like HBO Max and Paramount+, and the Warner Bros. movie studio, MS NOW anchor Ari Melber noted.

Komanduri added, "One thing Trump wanted was control of CNN," and "that was his entire interest in the deal. Donald Trump and the DOJ weren't interested in who was going to be the next Batman."

Trump DOJ greenlights industry-shaking media deal for top MAGA ally: report

The Trump Department of Justice approved a major deal that's expected to shake up the entertainment industry, according to reporting by NBC News.

Paramount Skydance now has a clearer path to acquiring Warner Bros. Discovery for $110 billion, a person familiar with the deal told NBC News. A formal announcement is expected soon, NBC added.

The Trump administration had leverage over Paramount Skydance CEO and MAGA ally David Ellison, who sought to clear the deal through the DOJ. While the deal dangled in uncertainty, Paramount's networks like CBS and CBS News made controversial moves to end The Late Show with Stephen Colbert and fire "60 Minutes" correspondents like Sharyn Alfonsi and Scott Pelley.

Paramount+ will also be exclusively streaming the upcoming UFC match on the White House South Lawn.

Media mogul surrenders to demands of '60 Minutes' rebellion: NYT

A major media mogul surrendered to one of the key demands of the surviving "60 Minutes" journalists, according to reporting by the New York Times.

David Ellison, the chief executive of Paramount Skydance, promised to give "60 Minutes" more editorial independence during a call, Lesley Stahl told the Times.

Along with Bill Whitaker and Jon Wertheim, Stahl is one of the last journalists sticking with the iconic "60 Minutes" despite recent firings and a Trump-friendly takeover.

Ever since Bari Weiss took over as the editor-in-chief of CBS News, "60 Minutes" has undergone an overhaul that has led to the firing of correspondents Sharyn Alfonsi and veteran journalist Scott Pelley, who confronted network leadership. The New York Times noted that Ellison has been friendly with Trump as Paramount seeks federal approval of an $111 billion deal to buy Warner Bros. Discovery.

Stahl, Whitaker, and Wertheim said in a letter that they want to stay put because they don't "want to see '60 Minutes' die," according to the Times.

The day after Ellison conceded to keep "60 Minutes" independent, Stahl, Whitaker, Wertheim, and other "60 Minutes" staff had a champagne toast in the show's Midtown Manhattan offices, according to the NYT.

The Trump MAGA media monopoly is here — but you can still stop it

Last Sunday, CBS’s erstwhile flagship newsmagazine, 60 Minutes, opened with an extended adulatory interview of Reza Pahlavi, son of the late exiled Shah of Iran, whom Trump presumably is auditioning to be Iran’s post-invasion leader.

Although Pahlavi is in Paris and hasn’t lived in Iran for nearly a half-century, CBS’s Scott Pelley fed the exiled prince softball questions and allowed him to avoid talking about his father’s record of brutal repression. Pelley even added, in a wishful voiceover, that “Pahlavi told us that there are units within the military and the police that would turn on the hardline government. He says that many but not all troops could be given amnesty in a process of national reconciliation.”

This isn’t news. It’s pablum from the White House. 60 Minutes was once a reliable source of tough reporting. Now it’s becoming a shill for the Trump regime.

It soon could get far worse. CBS News is on the verge of becoming part of the largest pro-Trump media monopoly in America.Two of the nation’s biggest news organizations — CBS and CNN — along with CBS entertainment (home to Stephen Colbert) and Comedy Central (home to Jon Stewart) and HBO (John Oliver) and TikTok (where 1 out of 5 Americans now get their news) — are all about to become one giant mega-media monopoly under the control of Trump allies and suck-ups: multibillionaire Larry Ellison and his son, David.

It’s not too late to stop this, and I’ll tell you how in a moment, but I’d like you to pause and imagine how readily this new pro-Trump media giant can mislead America about what Trump is doing and silence criticism of Trump.

It could make Rupert Murdoch’s media empire of Fox News, The Wall Street Journal, and the New York Post look scrupulous by comparison.

Trump cares more about TV news than he does about his presidency. In fact, TV news is his presidency. He chose his cabinet members on the basis of their total loyalty to him and how they look and sound on TV. He spends all day watching coverage of himself on TV. And now he’s on the verge of having effective control over a gigantic media monopoly.

I don’t believe Stewart or Oliver will be silenced, but their contracts may not be renewed. After all, look at what CBS did to Colbert, whose show will end in May.

I wouldn’t be surprised if the algorithm on TikTok is adjusted to reduce Trump criticism.

And a small army of producers and correspondents at CNN are likely to be more careful about what they report. Stories critical of Trump may be axed, as is now occurring at the late, great CBS News.

How did this happen? Think greed, money, power, and Trump.

Trump and the Ellisons take over Warner Bros. Discovery

When the dark history of this sordid era is written, among the most shameful culprits — who put making humongous amounts of money for themselves above the common good — will be Larry and David Ellison; Shari Redstone, former owner of Paramount; and David Zaslav, the current CEO of Warner Bros. Discovery.

Zaslav is now being lauded by the business community as a genius for selling Warner Bros. Discovery (in turn the owner of CNN, CNN International, and HBO) to the Ellisons’ for $111 billion, more than double its valuation in September. But he’s couldn’t give a rat’s ass about the common good. (Zaslav filed to sell just over $114 million worth of Warner Bros. stock less than a week after Warner Bros. clinched the deal.)

Why would the Ellisons spend billions (and go deep into debt) to buy Warner Bros. Discovery? Wealth and power — along with additional wealth and power that Trump can deliver.

Larry Ellison is the second-richest person in America. He owns Oracle, which runs much of the digital backbone of the nation’s commerce and government.

But the Ellisons, per et fils, couldn’t have created their new right-wing media empire without Trump. They needed Trump just as Trump has needed Larry Ellison (who’s been one of Trump’s strongest backers, dating back to the early days of Trump’s presidency).

Even before the Ellisons sweetened their offer for Warner Bros. Discovery and pushed Netflix out of the running, they proclaimed their “confidence in the speed and certainty of regulatory approval” for the deal. Translated: Don’t worry that we’re creating a gigantic media monopoly. Antitrust laws won’t touch us. We’ve got Trump’s Justice Department in the bag.

Trump and the Ellisons got several Middle Eastern sovereign wealth funds to join in the deal (making me wonder whether such funding will complicate, or compromise, CBS News’s and CNN’s coverage of Trump’s war in Iran and of the Middle East in general).

Trump takes over CNN

For years Trump has blasted CNN as “fake news” and publicly demanded it be bought by new owners. “It’s imperative that CNN be sold,” Trump said in December, signaling he favored the Ellisons’ takeover proposal.

In December, according to the Wall Street Journal, “David Ellison offered assurances to Trump administration officials that if he bought Warner Bros. Discovery, he’d make sweeping changes to CNN.”

To be sure, CNN was moving rightward even before the Ellisons got their hands on it.

In 2022 Zaslav put Chris Licht in charge, who told CNN’s staff he wanted less criticism of Trump and the Republican right — instructing them to stop referring to Trump’s “Big Lie” because he thought the phrase sounded like a Democratic talking point, telling producers to downplay coverage of the first hearing of the congressional committee investigating January 6, and arranging Trump’s infamous CNN town hall, which gave the twice-impeached felonious ex-president a platform to make his comeback.

CNN’s rightward lurch caused CNN’s primetime show ratings to fall 25 percent and contributed to Licht’s firing after just 13 months.

Since then, CNN has undergone rounds of cuts under a series of owners seeking to reduce debt. Paramount and the Ellisons (and Trump) will be its fourth corporate parent in under a decade.

Trump takes over CBS

Last summer, as Redstone and other of Paramount’s previous owners sought federal approval to sell Paramount (owner of CBS) to the Ellisons, they sucked up to Trump by settling Trump’s baseless lawsuit against CBS News for $16 million. (He had sued over how 60 Minutes had edited an interview with former vice president Kamala Harris.)

Late night host Stephen Colbert called the settlement a “big fat bribe,” which it was.

To win further support from Trump for the sale, they announced the end of Colbert’s show (which, as I said, will finish its run in May). They cited economics, but Colbert’s has been the top-rated late night show on network television. The real reason for the cancellation was obvious: Colbert’s biting satirical criticism of Trump.

To cinch the deal, David Ellison promised to end diversity, equity, and inclusion initiatives at CBS. He hired a right-wing “ombudsman,” Kenneth Weinstein, the former head of a conservative think tank. And he named as the new editor-in-chief of CBS News Bari Weiss, founder of the center-right opinion and news site The Free Press.

Trump was delighted. “They’re friends of mine. They’re big supporters of mine. And they’ll do the right thing,” he said, praising the acquisition and adding that CBS News had “great potential” with Weiss in charge and that he expected it to be “fairer.”Fairer? Since Weiss took over, almost half of CBS News producers have walked, including legendary veteran Mary Walsh, who began her career under Walter Cronkite. As Walsh explained, “We’ve been told to aim our reporting at a particular part of the political spectrum. Honestly, I don’t know how to do that."

Weiss named a bunch of new contributors — many of them retired military or ex-intelligence officials or conservative pundits, including the anti-aging influencer Peter Attia (who has subsequently resigned over his ties to Jeffrey Epstein).

Weiss declared “We love America” a guiding principle and changed the CBS style guide to replace “assigned sex at birth” with “biological sex at birth” when referring to trans people.

She’s also defanged 60 Minutes. In December, Weiss axed a report about Venezuelans being deported by the Trump administration to El Salvador’s notorious CECOT prison hours before it was set to air — a move that Sharyn Alfonsi, the long-standing correspondent who reported the segment, claimed was for “political” reasons. (The segment later aired on Jan. 18, drawing more than 5 million viewers.)

Weiss replaced Evening News anchors John Dickerson and Maurice DuBois with Tony Dokoupil — best known for hassling the writer Ta-Nehisi Coates for his “extremist” belief that apartheid is morally wrong.

As Trump told Dokoupil recently in a rambling nearly 13-minute interview, had Kamala Harris won the presidential election in 2024, “you probably wouldn’t have a job right now.” Exactly. (Moments after that rambling interview, not incidentally, White House Press Secretary Karoline Leavitt conveyed Trump’s threat that “if it’s not out in full, we’ll sue your ass off.”)

How you can help stop this

All this has happened so suddenly that most Americans still haven’t noticed the emergence of this new pro-Trump media empire — CBS, CNN, HBO, Comedy Central, and TikTok — all under the control of Trump cronies Larry and David Ellison.

Billionaires are flipping media companies like playing cards. They don’t give a fig for the common good, or about the producers, correspondents, journalists, and investigative reporters whose lives are being turned upside-down. To them, it’s all about accumulating more wealth and power.

But it’s bad for the economy, bad for our democracy, and bad for America.

The Ellisons’s new mega-media monopoly would never pass muster if America still had antitrust enforcers. Media mergers and acquisitions deserve even stricter scrutiny than normal deals. But Attorney General Pam Bondi’s Department of Justice is as likely to stop this deal as she is to enforce criminal laws against ICE agents.

So who can stop this?

State attorneys general. They can go to federal court to enforce federal antitrust laws. They have legal standing and necessary resources to challenge this monstrosity.

California’s attorney general, Rob Bonta, has already made clear he will take it on.

“The California Department of Justice has an open investigation, and we intend to be vigorous in our review,” he says.

Good luck to him.

I hope other state attorneys general join in. You can help by contacting your state AGs and suggest they join this lawsuit. Contact information for your state’s AG is here.

Please do. The last thing America needs is a giant pro-Trump media monopoly.

  • Robert Reich is an emeritus professor of public policy at Berkeley and former secretary of labor. His writings can be found at https://robertreich.substack.com/. His new memoir, Coming Up Short, can be found wherever you buy books. You can also support local bookstores nationally by ordering the book at bookshop.org

Curious Trump SOTU guest 'may raise eyebrows at Netflix': NYT reporter

David Ellison, son of the billionaire Larry Ellison and the chief executive of Paramount Skydance, was a guest at President Donald Trump's State of the Union on Tuesday night.

It was considered an interesting move as Paramount is "seeking to acquire Warner Bros. Discovery in a deal that Trump has promised to 'be involved' in," The New York Times reported. "Ellison’s presence may raise eyebrows at Netflix, the rival bidder."

Paramount, which leverages the wealth of Larry Ellison's empire, has cultivated a relationship with the Trump administration. The company is in a bidding war with Netflix for control of Warner Bros. Discovery.

Before the speech started, Sen. Lindsey Graham (R-SC) shared a photo with Ellison, featuring the two giving a thumbs up and saying he was his guest at the address in Washington, D.C.