Paramount’s hostile bid for Warner Bros. shaken
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Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?
President Donald Trump, for some reason, lashed out again at Paramount Skydance chief David Ellison and his father, Larry Ellison — complaining about his treatment by CBS News’ “60 Minutes” newsmagazine.
Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.
The eye-popping numbers led Late Show host Stephen Colbert to muse about the Paramount bid during his monologue Tuesday night. (Paramount owns CBS, which airs The Late Show. )
Hollywood has a rich history of personal vendettas, political discord and uncertain loyalties shaping the industry.