Warner Bros. Discovery Aktie News

Paramount CEO David Ellison wrote a letter to WBD shareholders to win them over. He urged WBD shareholders to tender their shares and switch teams from Paramount to Netflix.

The future of the news organization that regularly draws rebukes from the president could be a decisive factor in the outcome of a deal.

In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down the latest competing deals for Warner Bros. Discovery (WBD +4.49%), between the agreed-upon deal with Netflix (NFLX 4.14%) and the hostile tender offer from Paramount Skydance (PSKY +0.55%).

Insiders say Trump's comments come as Paramount Skydance's owners, David Ellison and his father Larry, have been scrambling to do damage control with the White House over an explosive “60 Minutes” interview with Marjorie Taylor Greene.

Paramount continues to take its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix. “Dear Warner Bros.

U.S. President Donald Trump said on Wednesday the news network CNN should be sold as part of a deal for its parent company Warner Bros Discovery or separately.

The president is urging changes in the cable-television network's leadership.

Donald Trump weighed in again on the potential sale of Warner Bros. Discovery, this time by saying that he opposes any plan in which the company continues to own CNN. Trump told reporters on Wednesday that there were “some good companies bidding on it.