Donald Trump Says CNN Should Be Sold as Part of Any Warner Bros. Discovery Deal Because the ‘People Running It’ Currently Are ‘Either Corrupt or Incompetent’

David Letterman criticized former President Donald Trump during an appearance on 'Jimmy Kimmel Live!', labeling him a 'fool' and asserting that he should anticipate ridicule. Letterman's comments come amid ongoing tensions between Trump and late-night hosts, particularly Jimmy Kimmel, who frequently mocks Trump in his monologues.

Jimmy Kimmel delivered a scathing roast of former President Donald Trump during his late-night show, humorously suggesting that Trump should watch children's programming instead of political news to address his perceived immaturity. This commentary highlighted Kimmel's ongoing critique of Trump's behavior and decisions.

Paramount has launched a hostile takeover bid for Warner Bros. Discovery, offering $30 per share, which values the company at approximately $108.4 billion. This aggressive move comes shortly after Netflix secured a $72 billion deal to acquire Warner's studios and streaming unit, intensifying the competition in the entertainment sector.

Paramount Skydance has launched a hostile takeover bid for Warner Bros. Discovery (WBD), claiming that the valuation of WBD's cable networks, including CNN and TBS, is inflated compared to Netflix's recent deal. Paramount's offer values WBD at approximately $108 billion, suggesting that the current negotiations may not reflect the true worth of these assets.

An HBO Max subscriber has filed a lawsuit against Netflix to block its proposed acquisition of Warner Bros. Discovery, citing concerns over the merger's implications for competition and content diversity. This legal action comes amid rising tensions in the entertainment industry regarding major consolidation efforts.

President Donald Trump has refrained from endorsing either Paramount Skydance's hostile bid for Warner Bros. Discovery or Netflix's recent acquisition deal during a White House briefing, stating he lacks sufficient information on the matter. He emphasized that neither company is particularly close to him.

Anderson Cooper has signed a new contract with CNN, extending his 24-year tenure with the network, as reported by multiple sources. This decision indicates that the veteran journalist will continue his role at the cable news outlet for the foreseeable future.

Netflix shares fell approximately 3% following Paramount's announcement of a hostile takeover bid for Warner Bros. Discovery, offering $30 per share, which values the company at around $108 billion. This move raises concerns among investors about potential challenges to Netflix's recent $72 billion acquisition plan for Warner Bros. assets.