Elizabeth Warren Warns One Of Trump's 'Billionaire Buddies' Wants To Buy Warner Bros, Warns Giant Company Could Control 'Everything' You Watch On TV
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Sen. Elizabeth Warren expressed concerns over media consolidation, highlighting David Ellison's bid for Warner Bros. Discovery, Inc. (NASDAQ:WBD) and its implications for TV content control. She criticized Trump's influence in media mergers, calling for investigations into potential corruption. Warner Bros. Discovery is reviewing strategic options after rejecting a previous offer from Paramount Skydance, with shares rising significantly. The company plans to split into two, attracting interest from Comcast and Netflix, which could reshape the media landscape.
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