
Ellison Meets Trump Amid Skydance-Warner Merger
About this episode
David Ellison, CEO of Paramount Skydance, attended President Trumps State Dinner, raising eyebrows in Hollywood as his company navigates a merger with Warner Bros. Discovery. Ellisons D.C. networking efforts are seen as strategic amid regulatory hurdles, including reviews over foreign investors and ownership limits. Paramount Skydance recently filed with the FCC to allow certain foreign investors to hold up to twenty percent stakes indirectly.
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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now! — Ellison Meets Trump Amid Skydance-Warner Merger. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 29th. This is Entertainment and Celebrity News, AI-powered stories from the world of fame. I'm Cory with the story. David Ellison, the CEO of Paramount Skydance, showed up at President Trump's state dinner at the White House on Tuesday evening. This comes as his company pushes through a merger with Warner Brothers Discovery, which still needs federal approval. Ellison's rubbing shoulders with Trump right now raises eyebrows in Hollywood deal circles. The guest list was stacked with big names from tech, politics, and sports. Supreme Court justices like John Roberts, Samuel Alito, Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh, and Clarence Thomas were there. You also had golf star Rory McElroy, outgoing Apple CEO Tim Cook, sales forces Mark Binyoff, and Nvidia's Jensen Huang, plus Fox News host like Brett. By year in Laura Ingram, folks in the industry see Ellison's DC moves as smart networking amid regulatory hurdles. The merger got Warner Brothers. Discovery shareholder approval just
last week, but now it's tangled in reviews over foreign investors and ownership limits. Earlier this week, Trump headline Ellison's pre-White House correspondent's dinner bash. On Monday, Paramount Skydance filed with the FCC to let certain foreign investors hold more than 25% stakes in directly seeking. Approvals up to 20% for some. Paramount calls the spiling routine, stressing Ellison's family and partners will control voting shares with no outside board seats. As the deal inches forward, expect more high level chats to smooth the path.
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