Warner Bros Discovery’s future is in the spotlight amid a hostile bid by Paramount-Skydance to take over the storied media conglomerate that owns CBS, Comedy Central, Nickelodeon and major movie studios, days after it agreed to a deal with streaming giant Netflix.

Paramount put in a $108bn bid, compared to Netflix’s $82.7bn. Netflix’s move came with widespread antitrust concern, with progressives like Democratic Senator Elizabeth Warren saying it would limit access for consumers and filmmakers in Hollywood. The White House also said it would watch the deal with heavy scrutiny.

Paramount’s bid for Warner Bros Discovery, however, was undercut by a slew of conflicts of interest and connections to the administration of United States President Donald Trump, and accompanying concerns about f

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