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The Latest Breaking News from David Ellison

Trump bought up to $1M in bonds from Netflix and Warner Bros days after merger was announced

A White House official said that the purchase decisions were made by independent financial advisors and not the Trump family.

The Independent UK

Billionaire Forced To Change The Name Of His Boat After People Realize What It Spells Backwards

“That is such a classic billionaire blunder that it almost feels scripted by Jesse Armstrong,” one user wrote.

Bored Panda

‘You wouldn’t have a job right now’: Trump tells CBS anchor what would’ve happened if Kamala Harris had won the election

Still, nobody’s gonna praise him for it.

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Trump says CBS anchor Tony Dokoupil wouldn’t have job if Kamala Harris had won

US president also says Paramount Skydance chief David Ellison, whom he called ‘amazing’, could be ‘bust’ if he’d lost

The Guardian - US

David Letterman calls CBS News a ‘wreck’ under newly installed leadership

Former late-night host makes comments amid merger of CBS’s parent company Paramount with Skydance Media

The Guardian - US

Paramount fires back at Warner Bros. bid, launching proxy fight for board seats at annual meeting

Paramount has also filed a lawsuit asking Warner Bros. Discovery to give more information about its merger agreement with Netflix.

Fortune

Paramount to nominate directors to Warner Bros board to vote against Netflix deal

Paramount also files lawsuit seeking disclosure of financial information related to $82.7bn agreement

The Guardian - UK

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A cautionary Hollywood tale: the Ellisons' lose-lose Paramount positioning

Hollywood history is a trail littered with cautionary tales, and Netflix's Greg Peters and Ted Sarandos have framed a lose-lose coin toss for the Ellisons.

Fortune

Warner Bros tells investors to reject sweetened £80bn Paramount bid

Paramount updated its offer late last month with a £30 billion ‘irrevocable personal guarantee’ from Oracle founder Larry Ellison.

Evening Standard

‘Blood in the water’: Bari Weiss’s chaotic first three months in charge of CBS News

Weiss is embroiled in her first major controversy as editor in chief as her handpicked anchor takes evening news show

The Guardian - US

David Zaslav Spurns $108 Billion Paramount Bid: Teases Figure That Could Tempt Warner Bros Boss

David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.

International Business Times UK

Award-winning former Independent chief sports photographer David Ashdown dies aged 75

The Independent’s editor-in-chief Geordie Greig leads tributes to the award-winning photojournalist

The Independent UK

Bari Weiss makes pointed dig at new French citizen George Clooney after he slammed her CBS News takeover: ‘Bonjour!’

Hollywood star railed against Weiss for ‘dismantling’ CBS News since her arrival this fall while blasting news network for capitulating to Donald Trump

The Independent UK

George Clooney says CBS and ABC should have told Trump to ‘go f*** yourself’ rather than settle lawsuits

The Oscar-winner also torched Bari Weiss, saying that CBS News editor-in-chief was ‘dismantling’ the network

The Independent UK

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The Independent UK

CBS News veterans urge David Ellison to protect 60 Minutes from Bari Weiss’ ‘editorial interference’

‘Weiss’ last-minute proposal that the story be delayed until it included a White House official, despite reported efforts by the 60 Minutes team to get comment from the Administration, was inappropriate,’ the letter states

Cinemablend

Ben Stiller Talked Tropic Thunder Follow-Up, And I Think His Take On Tom Cruise's Les Grossman Is The Perfect Way In

Hollywood's landscape is different now, to say the least.

The Independent UK

‘60 Minutes’ correspondent says Bari Weiss needs to take her job ‘more seriously’ amid CECOT story fiasco

‘It’s not a part-time job,” Scott Pelley said during a Monday afternoon meeting.

Fortune

Larry Ellison's $40 billion pledge to his son's Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over

Ellison has pledged to give away 95% of his fortune, but the recent move shows a new playbook.

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International Business Times UK

Larry Ellison Risks $40.4bn Fortune to Back Son's Warner Bros Takeover in Netflix Streaming War

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

The Independent UK

‘60 Minutes’ segment controversially spiked by CBS News editor-in-chief Bari Weiss appears to leak online

The recently installed editor’s decision to pull a story on Venezuelans the U.S. deported to a notorious prison in El Salvador without due process has the staff ready to ‘revolt,’ sources told The Independent

The Independent UK

‘Morning Joe’ shreds Bari Weiss for spiking ‘60 Minutes’ segment: She’s ‘cosplaying’ as a journalist

‘This story is promoted on Friday. And then it is spiked on Saturday because the White House decides they’re not going to give a comment,’ Joe Scarborough pointed out.

The Independent UK

Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery

Paramount is sweetening its hostile takeover bid for Warner Bros

Fortune

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

The Independent UK

‘Holy f***ing dumpster fire’: Bari Weiss sparks ‘revolt’ at ‘60 Minutes’ by spiking CECOT segment

EXCLUSIVE: ‘It’s going to be fascinating to see how far Bari is willing to double down on the piece ‘not ready’ argument and or/attack Sharyn and [60 Minutes],’ one CBS News staffer told The Independent.

Axios

Paramount guarantees backing of Larry Ellison in Warner Bros. bid

The reliability of the financial backstop was among the chief concerns of the Warner Bros. board in rejecting the bid.

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