In a significant shift within Hollywood, Paramount has secured a deal to acquire Warner Bros. Discovery after a prolonged bidding war that saw Netflix ultimately withdraw its offer. The acquisition, valued at $111 billion, has raised concerns among employees of both media companies, especially at CNN, where staffers are bracing for potential job losses and a shift towards Trump-friendly content under new ownership. The deal, which included a $2.8 billion breakup fee paid by Netflix, marks a strategic move aligning with the interests of Trump allies, Larry and David Ellison, who stand to gain control of the newly merged entity. As industry insiders complain about the implications for workers and creative expression, the deal initiates a new era of consolidation in the media landscape, with Paramount poised to expand its influence in Hollywood.