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Paramount's CEO Meets Trump Amid CNN Bid Controversy

2/12/2026

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Story summary
  • Paramount CEO David Ellison met U.S. President Donald Trump last week amid Paramount's bid for CNN and Warner Bros.
  • The meeting followed Trump's earlier statements that he is not involved in the Paramount-Netflix battle.
  • The Justice Department is reviewing Netflix's acquisition of Warner Bros., with reports of an anticompetitive probe.
  • Yet Warner Bros. Discovery shareholders do not appear to favor Paramount's offer over Netflix.