“When they have Warner Bros, that share goes up a lot. But they have a very big market share.”The next day, Paramount Skydance, an unsuccessful bidder in the blitz to buy Warner Bros Discovery, launched a hostile bid to buy the company. Paramount Skydance is run by David Ellison, the son of Trump ally Larry Ellison, the co-founder of Oracle. Paramount Skydance declined to comment. Spokespeople for Warner Bros Discovery and the Trump Organisation did not respond to requests for comment.

Source: New Zealand Herald January 17, 2026 20:39 UTC