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Trump Praises Paramount-Warner Bros. Merger After Deal Closes
Paramount and Warner Bros.
Discovery have joined together as one company.
The new company is called Skydance Corp.
The deal closed on Tuesday.
President Donald Trump spoke about it a few hours later.
He said he was happy about the merger.
He also spoke about David Ellison, who leads the new company, and David’s father, Larry Ellison.
The article says some people had worried because Trump and the Ellison family are close.
Paramount and Warner Bros. Discovery became a single company called Skydance Corp. after their merger closed Tuesday.
President Donald Trump reacted to the deal hours after it closed.
Trump called David Ellison, the new company’s chairman and CEO, and his father, Larry Ellison.
Speaking to reporters on the White House lawn, Trump said, “I’m happy about that. That’s great.”
The article says Trump’s close relationship with the Ellison family had prompted concern among some people.
- Who
- Paramount and Warner Bros. Discovery; President Donald Trump; David Ellison and Larry Ellison.
- What
- The merger closed, forming a single company called Skydance Corp.; Trump praised the deal.
- Where
- Trump spoke on the lawn of the White House.
- When
- Tuesday; Trump commented hours after the deal closed.
- Why
- Trump said he was happy about the merger; no further reason was given.
Key facts
- New company
- Skydance Corp.
- Companies merged
- Paramount and Warner Bros. Discovery
- Deal status
- Closed Tuesday
- Trump’s reaction
- He said, “I’m happy about that. That’s great.”
- New company chairman and CEO
- David Ellison
- Trump’s reported relationship
- The article says Trump and the Ellison family share a good bond.
Quotes
Donald Trump
US President who commented on the merger to reporters.
“I’m happy about that. That’s great.”
wionews.com
Sources
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