The user wants me to rewrite the post about the DoJ approving the Paramount Skydance-Warner Bros. deal as a full, in-depth, exciting forum post. I need to write 1-3 paragraphs, include every detail from the source article, be passionate and excited, add my own commentary, and follow the specific rules about paragraph length and structure. Let me go through the article carefully to make sure I capture all the key details: the deal approval, the Ellison family's growing media empire, the specific details about the acquisition, the DOJ's reasoning, the political connections, the concerns about CNN and CBS, the industry reactions, and the deadline details. I need to make sure I hit 4-8 sentences per paragraph and weave in my own reactions and opinions while keeping it engaging and conversational for a forum audience. The Ellison family's influence is expanding rapidlyβMegan has her own media venture separate from her father and brother's combined empire, and they're now competing directly with Disney. Larry Ellison's close relationship with Trump adds another layer to this consolidation, especially given his public criticisms of CNN's leadership and the recent controversies at CBS.
Bari Weiss's takeover of CBS News has been particularly aggressiveβshe fired Scott Pelley, who's now speaking out about how the network is being dismantled, cancelled The Late Show with Stephen Colbert despite claims of financial reasons, and blocked a 60 Minutes report on ICE facilities. The pattern is clear, and there's real concern that CNN could face similar treatment. Industry professionals have pushed back hard, with over 5,500 people signing an open letter warning about the threat to the creative community, including major names like Glenn Close, Jane Fonda, and Joaquin Phoenix. The regulatory hurdles aren't over yetβCalifornia and New York are challenging the deal, and both Europe and the UK are investigating, with Paramount Skydance needing to close by September 30 or face a $7 million daily fee.
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Yo team, the entertainment world just got completely restructured because the DoJ has officially approved Paramount Skydance's acquisition of Warner Bros. Discovery, and I am *so* here for this media earthquake! David Ellison's father Larry Ellison is putting up a staggering $45.7 billion in equity to make this happen, and with it he's securing control over Warner Bros. Studios, HBO, HBO Max, CNN Worldwide (which holds major broadcast rights for The Olympics and the NHL), Warner Bros. Games, and all of Paramount's TV subsidiaries including CBS, MTV, BET, and Nickelodeon. The DoJ's press release was thorough β they shot down arguments against the merger and specifically dismissed the comparison to Disney's Fox acquisition by pointing out that the COVID-19 pandemic made that case study moot. They also dismissed the labor concerns that have been bubbling up from industry workers, though I'm not so sure they'll hold up once this deal actually closes.
What's really wild here is how much Larry Ellison's personal relationship with President Trump could reshape the media landscape. He's a close friend of Trump's, and Trump has been openly calling CNN's leadership "corrupt and incompetent" β and you know what, the pattern is already forming. Bari Weiss was brought in to run CBS News and has been busy gutting the legacy news organization: she fired *60 Minutes* correspondent Scott Pelley (who's now speaking out saying the show is being "murdered"), cancelled *The Late Show with Stephen Colbert* right after he criticized a $16 million settlement Trump got from CBS, scuttled a *60 Minutes* report on ICE facilities in December, and fired Cecelia Vega in May while she was working on a report about Francesca Albanese β and notably withheld Vega's journalistic work during the firing, raising concerns her sources could be exposed. Now everyone's looking at CNN and wondering if Weiss-style purges are coming next.
The industry is pushing back hard β over 5,500 movie and TV professionals signed an open letter warning that the Warner acquisition would "threaten the sustainability of the entire creative community," and signatories included Hollywood heavyweights like Glenn Close, Jane Fonda, Joaquin Phoenix, and Kevin Bacon. Meanwhile, Megan Ellison (the senior Ellison's daughter) has her own media venture that's independent from the father-son duo's combined portfolio, so the family's reach is even more staggering than it first appears. The DoJ approval was the biggest hurdle, but California and New York attorneys general have signaled they're going to challenge the deal, and both European officials and the UK are running their own investigations (the UK probe, reported on June 9, may have actually accelerated the DoJ's timeline). Paramount Skydance has until September 30 to officially close, or they'll be paying a ticking $7 million daily fee to Warner Bros. Discovery shareholders β so watch this space! Source: https://www.engadget.com/2193606/doj
Bari Weiss's takeover of CBS News has been particularly aggressiveβshe fired Scott Pelley, who's now speaking out about how the network is being dismantled, cancelled The Late Show with Stephen Colbert despite claims of financial reasons, and blocked a 60 Minutes report on ICE facilities. The pattern is clear, and there's real concern that CNN could face similar treatment. Industry professionals have pushed back hard, with over 5,500 people signing an open letter warning about the threat to the creative community, including major names like Glenn Close, Jane Fonda, and Joaquin Phoenix. The regulatory hurdles aren't over yetβCalifornia and New York are challenging the deal, and both Europe and the UK are investigating, with Paramount Skydance needing to close by September 30 or face a $7 million daily fee.
</think>
Yo team, the entertainment world just got completely restructured because the DoJ has officially approved Paramount Skydance's acquisition of Warner Bros. Discovery, and I am *so* here for this media earthquake! David Ellison's father Larry Ellison is putting up a staggering $45.7 billion in equity to make this happen, and with it he's securing control over Warner Bros. Studios, HBO, HBO Max, CNN Worldwide (which holds major broadcast rights for The Olympics and the NHL), Warner Bros. Games, and all of Paramount's TV subsidiaries including CBS, MTV, BET, and Nickelodeon. The DoJ's press release was thorough β they shot down arguments against the merger and specifically dismissed the comparison to Disney's Fox acquisition by pointing out that the COVID-19 pandemic made that case study moot. They also dismissed the labor concerns that have been bubbling up from industry workers, though I'm not so sure they'll hold up once this deal actually closes.
What's really wild here is how much Larry Ellison's personal relationship with President Trump could reshape the media landscape. He's a close friend of Trump's, and Trump has been openly calling CNN's leadership "corrupt and incompetent" β and you know what, the pattern is already forming. Bari Weiss was brought in to run CBS News and has been busy gutting the legacy news organization: she fired *60 Minutes* correspondent Scott Pelley (who's now speaking out saying the show is being "murdered"), cancelled *The Late Show with Stephen Colbert* right after he criticized a $16 million settlement Trump got from CBS, scuttled a *60 Minutes* report on ICE facilities in December, and fired Cecelia Vega in May while she was working on a report about Francesca Albanese β and notably withheld Vega's journalistic work during the firing, raising concerns her sources could be exposed. Now everyone's looking at CNN and wondering if Weiss-style purges are coming next.
The industry is pushing back hard β over 5,500 movie and TV professionals signed an open letter warning that the Warner acquisition would "threaten the sustainability of the entire creative community," and signatories included Hollywood heavyweights like Glenn Close, Jane Fonda, Joaquin Phoenix, and Kevin Bacon. Meanwhile, Megan Ellison (the senior Ellison's daughter) has her own media venture that's independent from the father-son duo's combined portfolio, so the family's reach is even more staggering than it first appears. The DoJ approval was the biggest hurdle, but California and New York attorneys general have signaled they're going to challenge the deal, and both European officials and the UK are running their own investigations (the UK probe, reported on June 9, may have actually accelerated the DoJ's timeline). Paramount Skydance has until September 30 to officially close, or they'll be paying a ticking $7 million daily fee to Warner Bros. Discovery shareholders β so watch this space! Source: https://www.engadget.com/2193606/doj