WTF? Trump’s FCC Expected to OK Paramount’s Takeover of CNN with BILLIONS of Middle East Dollars

The state of the media business has declined precipitously during the second occupation of the White House by Donald Trump. Either they have capitulated to his threats, lied to “sanewash” his incoherent babbling, soft-pedaled his autocratic policies, or just failed to demonstrate the courage that is expected from practitioners of a free press.

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General Donald Trump on CNN

In short, the performance of much of the media amounts to simply cowardice. While there are some notable exceptions, the craven spinelessness, greed, and biases of most of the biggest media conglomerates is more than a little disturbing. And their sheepish surrender to Trump’s crybaby bullying encourages his worst totalitarian tendencies. Such as…

SEE THIS: Trump at the ‘Justice’ Department: CNN, MSNBC, and Other Media are Illegal and ‘It Has to Stop’

Trump has been carefully studying the anti-democratic tactics of his tyrannical idols Vladimir Putin, Kim Jong Un, and Viktor Orbán. And the results are evident in recent interactions between the government agencies he presides over and his MAGA media pals.

For instance, Larry and David Ellison, the Trump-fluffing moguls who own Paramount Skydance, are now seeking to acquire Warner Bros. Discovery. They have already gotten some preliminary approvals from Trump, his Justice Department, and his Federal Trade Commission. And now they are seeking to get a green light from the Federal Communications Commission. As reported by the Hollywood Reporter

“Paramount has asked the Federal Communications Commission to sign off on its equity investment from three prominent Middle East sovereign wealth funds that are backing the company’s $111 billion acquisition of Warner Bros. Discovery.”

Paramount is making a direct appeal to Trump flunky Brendan Carr, his FCC chair, to approve the deal for the merger, including $24 billion from “Saudi Arabia’s PIF (public investment fund), L’Imad, an Abu Dhabi sovereign wealth fund, and a Qatar Investment Authority fund.” And while they say that “the sovereign funds are only acquiring non-voting equity shares,” it would still be an unprecedented arrangement wherein these foreign investors would own 49.5% of the company.

Paramount says that “the Ellison family and RedBird will…be the sole owners of Class A Common Stock, representing 100% of the voting shares.” And they think that makes things better? It actually means that these politically biased billionaire pals of Trump will be the overlords of two prominent news networks, CBS and CNN, along with all of the other assets of the combined media empire.

There are legal obstacles to foreign individuals, businesses, or governments owning U.S. media companies. The law cites national security, propaganda or political influence, and media concentration, as issues impacting approval. Under normal circumstances it would be particularly concerning for Middle Eastern entities to own such large percentages of American media.

The potential for exploiting the platforms (both news and entertainment) is obvious and worrisome. Even limited to non-voting shares, they would have significant leverage by simply threatening to sell shares, maneuvering their own competing platforms, or bailing out entirely.

Anyone who thinks that investors who own nearly half of the company wouldn’t be able to influence the company’s decisions is terminally naïve. And if those investors also happen to be tight with the U.S. administration, it just makes the potential for risk even greater.

There is literally no limit to the nefarious financial and national security mischief that they could engage in. And Trump’s Justice Department and other oversight agencies would be useless. Trump has already cleansed them of any ethical operatives. His administration, and Trump himself, would be no deterrent at all. In fact, the record shows that he would be an accomplice.

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Trump-Fluffing Media Mogul is Hosting a ‘Tribute’ Dinner for Anti-Media, Wannabe Dictator Trump

The seething animosity that Donald Trump fosters for the free press has been a defining characteristic of his warped, anti-democratic persona for as long as he has been in public life. He even published an anti-media page on the White House website. Ironically, he has also had an enduring dependency on the very same press for the constant attention he craves and that fuels his massive yet fragile ego.

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Donald Trump

In a shameless attempt to kiss the…let’s say ring…of Herr Trump, billionaire media mogul and CEO of the Paramount Skydance conglomerate (which owns CBS), David Ellison, will be hosting a dinner Friday night to pay tribute to Trump for rolling over so compliantly and approving Ellison’s bid to takeover Warner Bros. Discovery (which owns CNN). Ellison has previously “paid” tribute to Trump in the form of millions of dollars in bribes to grease the wheels of his merger bid.

SEE THIS: Paramount Caves to Trump’s Extortion, Disgraces CBS, Pays a $16M Bribe to Settle a Bogus Lawsuit

Now, on the eve of the White House Correspondents’ Association’s annual gala, Ellison is fluffing Trump and his ego once again. As reported by Variety

“David Ellison, whose Paramount Skydance is awaiting closure of its massive deal to swallow up Warner Bros. Discovery, will host an invitation-only dinner next week ‘honoring’ President Donald Trump and CBS News’ White House correspondents, Variety has confirmed.

The event will take place in Washington, D.C., on April 23, two days before the annual White House Correspondents’ Association dinner on Saturday, April 25. The Ellison-hosted function will be held at the United States Institute of Peace in Washington, which the State Department in December 2025 announced was being renamed ‘The Donald J. Trump Institute of Peace.'”

The optics of this tribute dinner couldn’t be more disturbing. Ellison is brazenly exhibiting his bias for Trump and his MAGA cult movement. That bias has already been evident in the reporting by CBS, where its 60 Minutes program interfered with segments that were critical of Trump. What’s more, CBS has invited Trump’s Secretary of War Crimes, Pete Hegseth, and Senior Neo-Fascist, Stephen Miller, to be their guests at the WHCA’s dinner on Saturday.

How can anyone take seriously any dedication to honest, unbiased reporting by an organization displaying this much blatant political favoritism? It is also notable that while Ellison has plenty of time to suck up to Trump with patronizing dinners, he was unable to make time to appear before a congressional hearing probing Paramount’s efforts to acquire Warner Bros Discovery, that has numerous potential anti-trust violations.

Meanwhile, Ellison’s aspirations for autocratic media dominance are not a done deal. California Attorney General Rob Bonta will be conducting a “vigorous” review of Paramount’s pending acquisition. There will be similar reviews by legal authorities in other states, as well as internationally.

So the Trump regime’s takeover of the free press will be facing significant obstacles. And in the end they will have succeeded only in severely degrading the public’s trust in the institutions that align with Trump.

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Fox Nation vs. Reality:
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