Donald Trump’s mission to get CNN sold
There’s no doubt about it at this point. President Donald Trump has great interest in what happens to CNN.
CNN is a part of Warner Bros. Discovery. And, at the moment, WBD is in a tug-of-war between being sold to Netflix or being taken over in a hostile bid by Paramount.
That sets up this interesting equation.
Trump’s son-in-law, Jared Kushner, is involved in the financing to back the Paramount bid. Trump has a close relation with Paramount CEO David Ellison, who has reportedly told Trump he wants to make sweeping changes to CNN. And Trump really doesn’t like CNN.
Add up those two things and it equals Trump preferring WBD ends up under the control of Paramount and Ellison. In fact, the Netflix deal doesn’t even include the WBD’s cable networks such as CNN. The Paramount deal does, and Trump said this week that any deal involving WBD should include CNN.