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It's gonna be great: Trump on Paramount-Warner Bros' $110-billion deal

short by Ishita Ranganath / on Wednesday, 7 October, 2026
US President Donald Trump hailed Paramount's $110-billion takeover of Warner Bros. Discovery, forming the media behemoth Skydance Corp on Tuesday. "It's gonna be a great company...They're [David and Larry Ellison] terrific people. That's a great merger." In December 2025, Trump bought between $500,000 and $1 million in Warner Bros. bonds during a bidding war between Netflix and Paramount.
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