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Press Freedom Groups Demand Docs Over Alleged CNN Purge Promise in Warner‑Paramount Deal

Advocacy groups request Paramount's records after reports Larry Ellison promised to fire CNN anchors to win Trump’s support for the Warner Bros. merger.

Elena Voss/3 min/US

Business & Markets Editor

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Press Freedom Groups Demand Docs Over Alleged CNN Purge Promise in Warner‑Paramount Deal
Source: PolishforumsOriginal source

Press freedom groups have asked Paramount’s legal chief for its books, citing claims that Larry Ellison promised to fire CNN personalities to secure Trump’s backing for the Warner Bros. Discovery merger.

Context Two advocacy organizations that hold Paramount Skydance shares—Freedom of the Press Foundation and Reporters Without Borders—sent a formal request to Paramount chief legal officer Makan Delrahim. The letter alleges that Paramount leaders offered political favors to the White House in exchange for approval of the $111 billion takeover of Warner Bros. Discovery.

Key Facts - Larry Ellison, Oracle founder backing the financing, reportedly told White House officials that, if the merger clears, Paramount would apply the “CBS playbook” at CNN, removing anchors and commentators disliked by former President Trump. - The merger would pay Warner Bros. Discovery shareholders $31 per share, four times the stock’s price a year earlier. - Combined debt after the deal would reach $79 billion, raising concerns about aggressive cost cuts. - The letter cites Delaware law that permits shareholders to inspect corporate records for any proper purpose, framing the request as a safeguard against potential fiduciary breaches and criminal liability. - Paramount declined to comment on the request. - The proposed transaction would give the Ellison family control of HBO, TBS, the Warner film library (including Harry Potter and DC Comics) and CNN.

What It Means If the request leads to a subpoena or litigation, Paramount could face heightened scrutiny of its merger strategy and any political communications. The alleged promise to reshape CNN aligns with past CBS actions, such as dropping a late‑night host after a political dispute, and fuels broader concerns about media consolidation eroding editorial independence. Regulators, including California’s attorney general, are already under pressure from politicians, unions and industry figures to examine antitrust and labor implications. The outcome may influence whether the merger proceeds by the end‑September deadline or stalls under legal challenges.

Watch for court filings or regulatory statements that could determine the fate of the $111 billion deal and its impact on U.S. media ownership.

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