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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion | CNN Business (www.cnn.com)

submitted 14 hours ago by StillPaisleyCat@startrek.website to c/quarks@startrek.website

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So, it will be Larry Ellison, not the Saudis, who will be putting up the additional $40 billion to win the hostile takeover of WBDiscovery over Netflix.

And he’s going to allow investors some greater visibility into the Ellison family trust.

As someone who respected the way Americans once took antitrust mechanisms and actions deeply seriously, this doesn’t give much comfort.

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[–] Kirk@startrek.website 1 points 12 hours ago* (last edited 12 hours ago)

Do they think anyone is actually watching CNN? I know it's the enemy of the conservative movement, but I don't know a single person (Liberal, Centrist, Conservative pr otherwise) who would even entertain the idea of actively changing the channel to CNN and watching it.

CNN's primary viewership is doctor's office waiting room occupants. I have to assume conservatives are just so deep into their own lore that they actually believe CNN is influential at all.