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BTCC / BTCC Square / Global Cryptocurrency /
Trump Administration Favors Paramount Skydance in Warner Bros. Discovery Buyout

Trump Administration Favors Paramount Skydance in Warner Bros. Discovery Buyout

Author:
Global Cryptocurrency
Published:
2025-11-03 23:26:02
5
2
BTCCSquare news:

The TRUMP administration has unexpectedly thrown its weight behind Paramount Skydance (PSKY) as the preferred buyer for Warner Bros. Discovery (WBD). This surprising development caused a fractional dip in Warner shares during Monday's closing minutes.

Insiders suggest the administration's support stems from a desire for favorable CNN coverage, which a Paramount-controlled CNN could provide. Conversely, Comcast (CMCSA) faces opposition due to its ownership of MSNBC, a network historically critical of Trump.

|Square

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