Trump's backing of the Ellisons in acquiring WBD faces challenges as Netflix enters the bidding war, raising antitrust concerns and sowing doubt about Paramount Skydance's lead. The deal involves HBO Max and CNN.
Paramount Skydance seeks $500M in cuts. MTV UK shuts down 5 channels. US operations face potential downsizing and shift to streaming due to cord-cutting challenges and future growth strategies.
David Ellison's Paramount Skydance considers acquiring Warner Bros. Discovery amid restructuring. A deal could unite major media brands and Hollywood studios. Focus on streaming, movie slate, and cost reduction.
