House lawmakers press Paramount CEO on Warner Brothers acquisition

Paramount Skydance
Warner Bros Discovery

Paramount Skydance

PSKY

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Warner Bros Discovery

WBD

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- Two key U.S. House Democrats asked Paramount Skydance PSKY.O CEO David Ellison on Tuesday to disclose if he or the company offered to make changes to CNN's coverage of President Donald Trump in exchange for approval of a tie-up with Warner Brothers Discovery WBD.O.

"It is clear that President Trump expects your potential ownership of Warner to produce favorable press coverage for him and his allies," wrote Representatives Jamie Raskin and Frank Pallone in a letter first reported by Reuters. "A merger between Paramount Skydance and Warner would dangerously concentrate media power into a single conglomerate and bring more independent voices under presidential influence."