Media conglomerates want the president’s permission for mergers—and control of news outlets is at stake.

DECEMBER 22, 2025 (TheAtlantic.com)

This article was featured in the One Story to Read Today newsletter. Sign up for it here.
The fate of Warner Bros. Discovery is no longer a regulatory matter. It is a medieval tournament, in which the king invites rival bidders to compete for his approval. To acquire the media company, the aspirants—Paramount and Netflix—will have to offer a sacrifice: Whoever can damage CNN the most stands to walk away with the prize.
This is one of those moments in Donald Trump’s presidency when an event that would otherwise be recognized as a death knell for democracy somehow fails to elicit the outrage it deserves. Warner Bros. Discovery owns CNN, whose coverage Trump views as hostile to his administration. So he is abusing the government’s merger-approval power in order to insist that the next owner of the venerable outlet mold its journalism to his liking.
More at: https://www.theatlantic.com/ideas/2025/12/trump-paramount-netflix-cnn-cbs/685349/

