Andrew Sage
๐ค SpeakerAppearances Over Time
Podcast Appearances
But, comma, in the wake of that, they're attempting to do a hostile takeover bid where they just go to the shareholders directly and try to buy them out at what they claim is a higher share price.
I'm not going to go into that whole thing.
But what is interesting for our purposes is that David Ellison, who's the guy running Paramount, who's the guy who's been directly running the ideological purges...
has met several times with Trump, and last time they met Trump, has promised that he would change the coverage of CNN in order to make it better for Trump.
Now, it's also worth noting that buying CNN is not part of the deal for the Warner takeover bid by Netflix, right?
If Netflix takes over Warner Bros., they don't get CNN.
Under Paramount and Larry Ellison's deal, they would get CNN.
Now, even though CNN has done a whole bunch of unhinged shit, like having Ben Shapiro on to do fucking election coverage,
Jesus fucking Christ, okay?
Trump has still been mad at them for reporting even a tiny bit critically about his administration.
And Trump has been kind of refusing to pick a side directly in terms of the takeover bid for Warner Brothers and the fight between Netflix and Paramount.
But he's now said that he wants to make sure that CNN is sold and that it should get new leadership, presumably along the style of what happened with CBS.
And so this is sort of the final phase of all of this, right?
Which is Trump administration has the ability to use its quote-unquote antitrust power in order to stop one of these two companies from doing this buyout.
And Trump administration is using the fact that the media is being bought out by his allies in order to try to get people to buy CNN and simply eliminate negative news coverage of him.
And I don't really think I need to explain why it's extremely bad that the President of the United States could simply order a news outlet to be bought out and then suddenly it's bought out.
I think it's kind of self-explanatory why that's unbelievably bad.
But that is the situation that we may rapidly find ourselves in because we don't live in anything that even sort of looks like a democracy.
We live in the dictatorship of capital.