Donald Trump’s pal David Ellison was hit with a temporary pause on his plans to acquire the parent company of CNN.
Ellison’s Skydance, which acquired Paramount in August, set its sights on Warner Bros. Discovery and is well on its way to further consolidating the entertainment industry after Netflix pulled out of its bid for the company’s streaming, gaming, and studio properties.
But on Monday, a federal judge halted the $110 billion deal at the request of 12 state attorneys general.
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