Deal or no deal? The inside story of the battle for Warner Bros
As Paramount, with close ties to the Trump administration, entered the bidding, experts predict any merger will ‘raise red flags’ among regulators
Over the first 10 months of his second presidency, Donald Trump has not hidden his desire to control the US media industry – from encouraging TV networks to fire journalists, comedians and critics he dislikes to pushing regulators to revoke broadcast licences. Now he seems determined to set the terms for one of the biggest media deals in history.
It’s a deal that could have repercussions not just in the US, but across the world, with not just the future of Hollywood at stake but also the landscape of news.
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Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.
Related Knowledge Center: The White House vs. the press
Whether it’s the Des Moines Register’s publication of an unfavorable election poll, a routine edit of a 60 Minutes interview with Kamala Harris, or the Associated Press’s decision in its authoritative stylebook to continue to use “Gulf of Mexico,” Donald Trump and the White House have used executive authority and legal reprisals in an effort to punish and suppress press coverage that runs contrary to the administration’s preferred narratives.
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