cnn

Paramount Skydance’s proposed takeover of Warner Bros. Discovery cleared a major hurdle Thursday as Warner stockholders overwhelmingly embraced the $111-billion deal.

Approval was expected. Paramount Chairman David Ellison’s proposal would pay Warner investors $31 a share — four times the price of the company’s stock a year ago. Warner Bros. officials did not disclose the precise vote count during the nine-minute special shareholder meeting beyond saying the merger “received sufficient votes and has overwhelmingly passed.”

Paramount offered the generous premium to compete with, and ultimately triumph over, Netflix, which withdrew from the auction in late February after Ellison’s father, Oracle billionaire Larry Ellison, agreed to guarantee the financing of his son’s deal.

The merger would create a new Hollywood behemoth by giving Paramount, which owns CBS and the Melrose Avenue film studio, such valuable assets as HBO, HBO Max, CNN, TBS, Food Network and Warner Bros.’ film and television studios in Burbank. Warner controls beloved TV shows, franchises and movies, including “Casablanca,” Harry Potter, D.C. Comics, “Game of Thrones,” “Euphoria,” “The Pitt,” and “Rooster.”

“Shareholder approval marks another important milestone towards completing our acquisition of Warner Bros. Discovery, building on our successful equity and debt syndications and progress across regulatory approvals,” Paramount said Thursday in a statement. “We look forward to closing the transaction in the coming months and realizing the creation of a next-generation media and entertainment company that better serves both the creative community and consumers.”

Paramount now must secure regulatory approvals in the U.S. and abroad. Ellison, who is poised to honor President Trump with a dinner Thursday evening in Washington, hopes to complete the deal by late summer.

Shareholders, however, made known their disdain for Warner Chief Executive David Zaslav’s proposed golden parachute, which could swell to $887 million, depending on when the transaction closes. His cash, stock and options would be valued at more than $550 million. Warner board members also agreed to pay his tax bill, which could approach $330 million, should the merger be completed by year’s end.

Shareholders, in a non-binding vote, voted against Zaslav’s package.

Paramount’s deal has encountered significant opposition in Hollywood and beyond.

More than 4,000 filmmakers, actors and industry workers, including Ben Stiller, Bryan Cranston, Ted Danson, J.J. Abrams and Kristen Stewart have signed an open letter asking California Atty. Gen. Rob Bonta and other regulators to block the deal.

Opponents fear the consolidation would be lead to massive layoffs and diminish the quality of programming that Warner Bros., CNN and HBO are known for. Hollywood has sustained thousands of layoffs over the last six years; the film production economy hasn’t recovered from shutdowns during the 2023 labor strikes.

“This is already an incredibly consolidated industry where writers have seen merger after merger leave fewer and fewer companies in control of what our members can get paid to write,” Michele Mulroney, president of the Writers Guild of America West, said Wednesday during a press briefing organized by Free Press and other progressive groups that oppose the merger.

“A combined Warner Bros. and Paramount would create a media behemoth with tremendous leverage to reduce content, to raise prices, to increase control of production, to suppress member compensation, worsen working conditions and silence the voices of our members,” Mulroney said.

Trump has long agitated for changes at CNN, and few expect his Justice Department to block the transaction. Defense Department Secretary Pete Hegseth echoed the sentiment. “The sooner David Ellison takes over that network the better,” Hegseth told reporters in March.

It’s unclear whether Bonta or other state attorney generals will file a lawsuit to try to stop the deal. Bonta previously told The Times that his office is reviewing the consolidation.

“This deal can get blocked. I personally think it will get blocked — or undone,” Alvaro Bedoya, former Federal Trade Commission member who now serves as a senior adviser to the American Economic Liberties Project, told reporters Wednesday. He pointed to other proposed mergers that unraveled due to fierce opposition, including the proposed combinations of grocery giants Kroger and Albertson’s.

David Ellison has promised to keep HBO entact and the Paramount and Warner Bros. movie studios humming. He promised cinema owners last week that a combined Paramount-Warner Bros. would release 30 movies into theaters each year.

“This transaction uniquely brings together complementary strengths to create a company that can greenlight more projects, back bold ideas, support talent across multiple stages of their careers,” Paramount said in a statement to push back on the opposition. The company would have the power to “bring stories to audiences at a truly global scale — while strengthening competition by ensuring multiple scaled players are investing in creative talent.”

To finance the Warner takeover, Ellison’s billionaire father, Larry Ellison, has agreed to guarantee the $45.7 billion in equity needed. Bank of America, Citibank and Apollo Global have agreed to provide Paramount with more than $54 billion in debt financing.

Paramount has enlisted a former Trump administration official, lawyer Makan Delrahim, who served as Trump’s antitrust chief during the president’s first term.

In a confident move, Delrahim filed to win the Justice Department’s blessing in December — even though Paramount didn’t have an agreement with Warner Bros. Discovery’s board at the time. In February, a key deadline for the Justice Department to raise issues with Paramount’s proposed Warner takeover passed without comment from the Trump regulators.

SACRAMENTO — Embattled Rep. Eric Swalwell suspended his campaign for California governor on Sunday but continued to deny he sexually assaulted anyone.

His campaign to succeed Gov. Gavin Newsom has all but collapsed as key Democratic supporters, including Rep. Nancy Pelosi and Sen. Adam Schiff, abandon him.

“To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past,” Swalwell wrote on social media Sunday.”

“I will fight the serious, false allegations that have been made — but that’s my fight, not a campaign’s.”

House ethics rules bar members from having sex with a subordinate, and House Democratic Leader Rep. Hakeem Jeffries from New York is seeking an investigation into the allegations.

Rep. Anna Paulina Luna (R-Fla.) announced plans to force a House vote to expel Swalwell, a motion supported by some House Democrats. Rep. Jared Huffman, a Democrat representing Northern California, is among those calling on him to resign.

The Manhattan district attorney’s office opened an investigation into sexual assault allegations against Swalwell by the former staffer, and the Alameda County District Attorney’s Office on Saturday said the office was in the process of evaluating “whether any alleged criminal conduct occurred” in the agency’s Bay Area jurisdiction.

The 45-year-old Democratic candidate established himself as a frontrunner in the race to succeed Gov. Gavin Newsom, despite not having a broad base of supporters in California.

A one-time member of the House Intelligence Committee and a savvy social-media user, Swalwell relished his role as a foil to President Donald Trump, using his many platforms to attack and taunt the twice-impeached, criminally convicted president.

He previously worked as a criminal prosecutor, and was elected to Congress in 2012 after he defeated Rep. Pete Stark, a fellow Democrat.

He cast himself as a centrist middle-class guy and featured his wife and three young children prominently in his campaign for governor. In an interview with the Times last year, he talked about his decision to continue in politics, despite the toll on his family.

Reports published in the San Francisco Chronicle and CNN offered a stark contrast to Swalwell’s wholesome image, alleging that he forced himself on a young staffer and sent women pictures of his penis and sexy messages.

CNN also reported on another woman’s alleged account of a sexual encounter with Swalwell that involved fending off his advances over drinks, and then waking up in his hotel room with no memory of how she got there.

Swalwell and his team threatened legal action against several individuals, Swalwell’s attorney Elias Dabaie confirmed to the Times. Swalwell himself took to social media on Friday night and called the allegations “lies” intended to hurt him in the race.

But campaign staffers resigned, his fundraising website went offline and even his self-described “best friend” in Congress, Sen. Ruben Gallegos from Arizona, withdrew his endorsement. Powerful labor groups, including the California Labor Federation, SEIU California and the California Police Chiefs Assn., withdrew their support.

Other Democrats in the race include billionaire Tom Steyer; former Orange County Rep. Katie Porter; State Supt. Tony Thurmond; former U.S. Health and Human Services Secretary Xavier Becerra,; San José Mayor Matt Mahan; former Los Angeles Mayor Antonio Villaraigosa, and former state Controller Betty Yee.

The top GOP gubernatorial candidates are Steve Hilton, a former Fox News commentator, and Riverside County Sheriff Chad Bianco.

SACRAMENTO — The fallout over sexual misconduct allegations against Rep. Eric Swalwell grew Saturday as his fellow gubernatorial candidates faced a new race and Democrats were forced into a rapid test of how they respond to accusations of sexual misconduct.

Within hours of the accusations against Swalwell being made public, the Northern California congressman’s campaign began to unravel and a chorus of top Democrats urged him to drop out. Staff members resigned, his fundraising website went offline and allies moved quickly to distance themselves from a candidate who had been gaining momentum as a front-runner in the race to lead the Golden State.

The repercussions extended beyond Swalwell’s campaign for governor. The Manhattan district attorney’s office opened an investigation into sexual assault allegations against Swalwell by a former staffer and issued a statement Saturday that urged “survivors and anyone with knowledge of these allegations to contact our Special Victims Division.” Rep. Anna Paulina Luna (R-Fla.) posted a video on X saying that she plans to force a House vote next week to expel Swalwell.

Swalwell has denied the allegations, calling them “flat [out] false.”

The upheaval has created an opening for lesser-known contenders to gain traction just as voters are beginning to turn their attention to the race — a spotlight now intensified by the controversy.

The speed and severity of the response underscores how quickly political support can erode — and reflects a broader shift in how such allegations are handled in the post-#MeToo era, which has been intensified by the scrutiny surrounding the late financier and convicted sex offender Jeffrey Epstein.

“Ask any woman staffer over the age of 45 what her experience was like, and this was a fairly prevalent sort of situation,” said Elizabeth Ashford, a veteran Democratic strategist. “It was allowed. I really think it shows a lot of growth on the part of political professionalism, that these things are taken seriously.”

As of Saturday afternoon, Swalwell ignored calls to drop out of the race and resign from Congress, even as outrage and criticism swelled. A Bay Area fundraiser was canceled and major institutional backers abandoned the campaign. The California Labor Federation withdrew its endorsement, SEIU California rescinded its backing and urged Swalwell to exit the race, and the California Police Chiefs Assn. suspended its support.

Speculation swirled Saturday about Swalwell’s whereabouts after the congressman announced that he intended to spend time with his wife.

A man who opened the door of Swalwell’s rental home in Livermore early Saturday refused to talk to a Times reporter. Swalwell has claimed that he rents space in the one-story house, located on a quiet cul-de-sac. He also owns a home in Washington, D.C., but no one inside responded when a reporter rang Saturday.

Livermore residents couldn’t escape news of the scandal. “Swalwell faces assault claims,” read the front page of the East Bay Times, stacked up at the Lucky grocery story around the corner from Swalwell’s rental home.

The most serious allegation against Swalwell is from a woman who worked for the congressman who said their relationship was at times consensual, but that he sexually assaulted her twice when she was too intoxicated to consent, according to the San Francisco Chronicle. Three other women have also accused Swalwell of sexual misconduct, including sending unsolicited nude photos, according to CNN.

The allegations prompted several members of his campaign to abruptly walk away from their jobs. One senior campaign staffer said they resigned after hearing the seriousness of the allegations, adding that they didn’t want to be put in a position where they were using their own credibility to defend Swalwell.

Former staffers in Swalwell’s congressional office traded messages in group texts after the news reports, with many expressing shock and horror at the allegations, according to two former employees.

A group of senior staff in Swalwell’s congressional office and campaign said in a statement Saturday that they “stand with our former colleague and the other women who have come forward” and that others “should stand with them, too.”

Kyle Alagood, an attorney who worked for Swalwell’s congressional office and his short-lived presidential campaign, told The Times he was “disgusted and pissed off.”

“I pray he has the decency to resign for the sake of his wife and kids,” said Alagood, adding that Swalwell must also “face the full legal consequences of his actions.”

Rob Stutzman, a longtime GOP strategist, said the impact of Swalwell’s political advisers quitting and his endorsements being yanked has sunk his chances in the governor’s race whether he stays in or not.

Stutzman advised former Gov. Arnold Schwarzenegger during the 2003 recall when The Times reported allegations of inappropriate behavior with women during his bodybuilding and film career. Stutzman said the severity of the allegations against Swalwell makes the situation very different from that involving Schwarzenegger, who didn’t lose endorsements.

“If this had been the circumstances … I would have quit,” Stutzman said. “They’re just not the same.”

While Swalwell’s political future hangs in the balance, political insiders are closely watching who will be the beneficiary of the chaos. There are eight Democrats running: billionaire Tom Steyer, former Orange County Rep. Katie Porter, state schools Supt. Tony Thurmond, former U.S. Health and Human Services Secretary Xavier Becerra, San José Mayor Matt Mahan, former Los Angeles Mayor Antonio Villaraigosa, former state Controller Betty Yee and Swalwell. There are two GOP candidates: Steve Hilton, a former Fox News commentator, and Riverside County Sheriff Chad Bianco.

Loyola Marymount University law professor Jessica Levinson said that with key endorsements, such as labor, now back up for grabs, anyone can jump to the front of the pack. She said the safest bet on who will gain an advantage is Porter and Steyer, who with Swalwell have been the top candidates in recent opinion polls.

“But, I think this is a race where there is no heir apparent,” Levinson said. “You can’t rule out surprises anymore in this race.”

Paul Mitchell, a veteran Democratic strategist, agreed that the upheaval benefits Porter and Steyer, adding that Swalwell’s chances have been reduced to zero.

“First off, I think that staying in the race is not tenable,” Mitchell said. “And so if he does drop out of the race, what it means is that you’re going to have a lot of progressive voters looking for somebody else to go to and the primary beneficiaries should be Porter and Steyer right now, because they’re the other two that are in that kind of first tier of Democratic candidates that have been splitting up that progressive base.”

Allegations of inappropriate behavior by Swalwell had circulated for weeks on social media and in political circles. Once the San Francisco Chronicle and CNN posted stories with details from women accusing Swalwell of sexual misconduct, including rape, the swift rebuke was likened by one political strategist to a bomb detonating.

Those media outlets reported that the staff member accusing Swalwell of rape was 21 when she began working for him in 2019 in his Castro Valley district office. She said Swalwell, who is nearly two decades older, quickly began sending her messages and then nude pictures on Snapchat, a platform in which messages and images disappear after being viewed.

She said that in September 2019 she had drinks with the congressman, blacked out and could tell she had had intercourse when she woke up naked in Swalwell’s hotel bed, according to the report. In a separate encounter years later, she said he forced himself on her while she was too intoxicated to consent and despite her protests.

She said she did not report the incidents to police, citing fears she would not be believed and concerns about professional repercussions.

Another woman who began messaging with Swalwell about her interest in Democratic politics last year said she met him for drinks and that she was attempting to fend off his advances without hurting potential job opportunities when she began feeling “really fuzzy” and intoxicated, according to CNN. She told the outlet that she ended up in Swalwell’s hotel room without a memory of how she got there.

Social media creator Ally Sammarco said Swalwell sent her unsolicited nude pictures in 2021, when she was 24 years old. Another woman in her 20s, who works in marketing, said the congressman sent her unsolicited videos of his penis.

Swalwell, who is married with three young children, posted a video on Instagram on Friday in which he called the accusations of inappropriate behavior “flat [out] false,” while also acknowledging unspecified poor behavior.

“I don’t suggest to you in any way that I am perfect or that I am a saint,” he said in the video. “I’ve certainly made mistakes in judgment in my past. But those mistakes are between me and my wife. And to her I apologize deeply for putting her in this position.”

Elias Dabaie, an attorney representing Swalwell, sent cease-and-desist letters to at least two people demanding that they stop accusing the congressman of sexual assault, according to CNN. Dabaie was asked by CNN whether the congressman’s comments can be construed as acknowledging that he cheated on his wife, while denying doing anything illegal.

“I’m not going to get into the details of that,” Dabaie said.

Times staff writers Melody Peterson and Gavin Quinton contributed to this report.

CNN will host a California gubernatorial primary debate May 5.

The two-hour debate will take place at 6 p.m Pacific time at a venue in the Los Angeles area that is yet to be determined. CNN anchors Elex Michaelson and Kaitlan Collins will serve as moderators.

The debate will air live across CNN, CNN International, CNN en Español and, for viewers without cable, on CNN’s subscription streaming service.

Participating candidates must have at least 3% support among likely primary voters in two state polls or an average of 3% across two polls that meet CNN’s methodology standards. The polls must be released between Feb. 1 and April 27.

The candidates must also have raised, contributed or lent to their campaigns at least $1 million, based on publicly available data from the California secretary of state.

Candidates from both parties are eligible to participate due to California’s “jungle primary” system, in which all candidates appear on the same ballot regardless of political affiliation. The top two finishers advancing to a November runoff, even if they are both from the same party.

Two Republicans, conservative commentator Steve Hilton and Riverside County Sheriff Chad Bianco, are the leading candidates, according to a poll released Wednesday by UC Berkeley’s Institute of Governmental Studies and co-sponsored by The Times.

The poll showed six Democratic candidates currently qualifying for the debate under CNN’s standards: U.S. Rep. Eric Swalwell, former House Rep. Katie Porter, philanthropist Tom Steyer, former U.S. Secretary of Health and Human Services Xavier Becerra, former state Assembly Speaker Antonio Villaraigosa and San José Mayor Matt Mahan.

CNN typically does not carry debates involving candidates in statewide races, but the network believes that the California contest is significant enough for a national platform.

“One out of approximately every eight Americans lives in the Golden State and it is at the forefront of some of the most complex challenges of our time,” said David Chalian, CNN’s political director and Washington bureau chief. “California’s jungle primary system also allows for the debate to include a wide spectrum of viewpoints and proposals to tackle those challenges that will reverberate across the country in this pivotal election year.”

WASHINGTON — Supreme Court Justice Samuel A. Alito Jr. fell ill at an event in Philadelphia last month and was treated for dehydration before returning home to suburban Washington, the court’s spokeswoman said Friday.

Alito’s illness did not require an overnight hospital stay and he was back on the bench the following Monday, spokeswoman Patricia McCabe said in a statement.

Alito was an active questioner during arguments that day in an important case about mailed ballots and participated in all the court’s hearings over the ensuing two weeks.

Alito, who turned 76 on Wednesday, is the second-oldest member of the court, after 77-year-old Justice Clarence Thomas.

The episode was first reported by CNN, which also said the treatment was administered at a Philadelphia hospital. The court did not say where Alito had been taken.

The incident is the latest example of the justices’ reticence to discuss their health, at least until the news somehow leaks.

In 2020, the court confirmed that Chief Justice John G. Roberts Jr. had spent a night in the hospital after a fall that required stitches in his forehead, only after the Washington Post reported it first.

Alito was driven by his security detail from Washington to what CNN said was a dinner following a Federalist Society panel that looked at his 20 years on the court.

When he didn’t feel well in the evening, “he agreed with his security detail’s recommendation to see a physician before the three-hour drive home” to northern Virginia, McCabe said. He was given fluids for dehydration, she said.

While the justice has not said anything about retirement, speculation has swirled that Alito might soon step down, which would give President Trump the chance to appoint a fourth justice, after the three who were confirmed during his first term.

While Alito is young by Supreme Court standards, he might not want to stay around and gamble on the possibility of Democrats flipping the Senate in the November elections and seeing a Democrat capture the White House two years later.

Retiring in the summer would allow Trump to name a similarly conservative but much younger replacement who would almost certainly win confirmation from the Republican-led Senate.

Sherman writes for the Associated Press.

What began as a social media post from President Trump on Saturday has grown quickly into a full-scale plan to deploy ICE agents to U.S. airports.

Amid a partial government shutdown, TSA lines have grown to be hours long at some U.S. airports, creating problems for travelers across the country. Call-out rates have started to increase at some airports, and the U.S. Department of Homeland Security said at least 376 TSA agents have quit since the partial shutdown began Feb. 14.

White House border advisor Tom Homan said that ICE plans to dispatch agents to airports as soon as Monday, and that he was working with other officials to determine where to send agents.

“It’s a work in progress,” Homan said during a Sunday appearance on CNN. “But we will be at the airports tomorrow helping TSA move those lines along.”

Homan stressed that ICE agents would provide support where possible, so that TSA staffers could better fulfill specialized positions.

“I don’t see an ICE agent looking at an X-ray machine, because they are not trained in that,” Homan said.

On Saturday, President Trump posted to social media, “If the Radical Left Democrats don’t immediately sign an agreement to let our Country, in particular, our Airports, be FREE and SAFE again, I will move our brilliant and patriotic ICE Agents to the Airports where they will do Security like no one has ever seen before.”

The pushback to the White House plans was immediate.

Rep. Bennie G. Thompson (D-Miss.), ranking member of the Committee on Homeland Security, released a statement that read, “Masked, armed police at travel checkpoints is a hallmark of dystopian movies. Now, Donald Trump is threatening to bring this tool of fascism to America. He is manufacturing chaos at airports for political leverage and trying to force Democrats to accept unaccountable secret police at security checkpoints around the country.”

Also speaking to CNN on Sunday, House Democratic Leader Hakeem Jeffries said, “The last thing that the American people need are for untrained ICE agents to be deployed at airports all across the country, potentially to brutalize or, in some instances, kill them. We’ve already seen how ICE conducts itself.”

Representatives from Los Angeles International Airport did not immediately respond to a request for comment. A spokeswoman for Orange County’s John Wayne Airport said she was not currently aware of any communication or Homeland Security guidance on the proposed plan.

A spokesperson for San Francisco International Airport said airport officials have not yet received anything specific from Homeland Security about a deployment of ICE agents. He said SFO security personnel are not part of TSA, and as a result, the airport has not had any checkpoint backups.

Should Paramount Skydance prevail in its $111-billion takeover of Warner Bros. Discovery, the Larry Ellison family would control two historic Hollywood film studios, dozens of cable channels, HBO and two legendary newsrooms, CBS News and CNN.

Concerns about the potential loss of more Hollywood jobs, and questions about newsroom independence dominated a hearing Friday to address Los Angeles’ crisis of shrinking film and TV production jobs.

Paramount wants to wrap up its Warner merger by September — a rapid timetable. The takeover deal, which was struck last month after Netflix bowed out, would put HBO and CNN under the control of Larry Ellison and his son David, the chairman of Paramount, which includes CBS.

Both Ellisons maintain friendly relations with President Trump. Those bonds, along with challenges to legacy media and changes at CBS News in recent months, sparked handwringing during the hearing called by Sen. Adam Schiff (D-Burbank) and Rep. Laura Friedman (D-Glendale).

“The questions surrounding this merger go beyond jobs, contracts and consumers,” Schiff said. “They also go to editorial independence of two of America’s most significant news organizations, CNN and CBS News.”

Trump has long agitated for changes at CNN, and members of his cabinet, including War Secretary Pete Hegseth, have openly cheered for an Ellison takeover of CNN.

To pave the way for the Ellisons’ purchase of Paramount, the company paid $16 million to Trump last summer to settle his lawsuit over edits to a “60 Minutes” interview with Kamala Harris in October 2024. Most 1st Amendment experts had deemed Trump’s suit “frivolous.”

Since the Ellisons took the helm, there has been a change in direction at CBS News and a reduction in its size and scope. Staff members at CNN are bracing for similar changes, including to the tone of its newscasts.

In addition to the long-term health of Los Angeles’ film economy, the merger’s fate could determine “whether we have state sponsored media … or whether we have journalists who can truly follow the story,” Friedman said.

A Paramount spokesperson declined to comment.

The deal is currently before regulators in the U.S. and abroad.

Paramount Chairman David Ellison has vowed to “build a stronger Hollywood,” by increasing the creative output of the two legendary movie studios — Paramount and Warner Bros. — to 30 theatrical releases a year. Warner Bros., which owns such prominent franchises as “The Matrix,” Batman, Harry Potter, “The Big Bang Theory,” and “Friends,” has long been one of Hollywood’s most prolific studios.

But Paramount has suffered from years of under-investment and Ellison and his team have been working to boost the film pipeline.

Ellison has also pledged to keep both studio lots and preserve HBO.

“HBO will continue to operate independently under our ownership, enabling it to create more of the world-class content it is renowened for,” Ellison wrote in the Feb. 28 letter to Schiff and Friedman, responding to their concerns about consolidation.

During Friday’s hearing, the lawmakers turned to former CNN anchor Jim Acosta, who famously jousted with Trump during his first term, for his reflections. He was asked whether any “guardrails” could protect against potential merger harms.

“If this merger goes through, the guard-rails are gone,” Acosta said bluntly. “If we continue to go down this road it will be lights-out for the news industry… We need media options that are not controlled by the wealthiest and most powerful people in the country.”

The hearing occurred the same day that CBS News imposed another sweeping round of layoffs and disbanded its CBS News radio network. It also came the same week as Trump’s Federal Communications Commission approved a massive television station merger, which will allow Texas-based Nexstar Media Group to control more than 250 stations, despite a legal challenge from state attorneys general.

The proposed Paramount-Warner merger would prompt at least $6 billion in cost savings, according to Paramount. Industry veterans warn that billions more in cuts may be necessary to make the deal math work.

A combined Paramount-Warner would carry nearly $80 billion in debt, a legacy of the proposed leveraged buyout and the mergers that came before it.

The hearing at Burbank City Hall —“Lights, Camera, Competition”: Promoting American Film Production,” — was wide-ranging. Award-winning actor Noah Wyle, the star and a producer of Warner Bros.’ “The Pitt,” discussed the need to bring more productions back to Los Angeles where thousands of out-of-work film professionals have been suffering. “The Pitt” is filmed in Burbank.

“Over the last six years, the aggregate effect of projects leaving the state in search of tax credits, the pandemic and last year’s fires has been a near cratering of our once thriving industry,” Wyle said. “We lost 42,000 film and TV jobs between 2022 and 2024.”

The hearing unfolded down the road from the massive Warner Bros. studio complex, and was held to explore ways to boost the Hollywood economy, including the potential for a national tax credit under consideration in Congress. The campaign is intended to keep film jobs in the U.S. amid an increased migration to Britain, where Warner Bros. maintains an expansive studio complex in London, and other countries that offer generous subsidies.

“Work in the entertainment industry is precarious,” said Matthew D. Loeb, International President of the International Alliance of Theatrical Stage Employees (IATSE). “Past studio mergers have meant fewer jobs.”

Federal Communications Commission Chairman Brendan Carr is using his bully pulpit to push back against coverage of the U.S. military action in Iran that his boss President Trump doesn’t like, marking an extraordinary escalation in his clashes with the media.

On Saturday, Carr posted a message on X suggesting TV stations could lose their government licenses to use the public airwaves if they “don’t operate in the public interest.”

Underneath his statement, Carr shared a social media post from Trump, who complained about the New York Times and Wall Street Journal stories on the five refueling tankers were hit during an Iranian missile strike on the Prince Sultan Air Base in Saudi Arabia.

Carr seized on Trump’s missive to issue a warning to TV outlets, which are frequently threatened by the president when he is angry at their coverage.

It’s the latest attempt by the FCC chair to apply pressure on media companies that irritate Trump with critical coverage of his administration.

Since becoming FCC chairman last year, Carr has repeatedly threatened to use the levers of power he has to punish TV and radio stations when they get in Trump’s crosshairs. His behavior has alarmed free speech advocates.

“Broadcasters that are running hoaxes and news distortions — also known as the fake news — have a chance now to correct course before their license renewals come up,” Carr wrote, without providing evidence to back up his claims. “The law is clear. Broadcasters must operate in the public interest, and they will lose their licenses if they do not.”

Carr’s threats are based on his assertions that said he wants to enforce the FCC’s public interest obligation for broadcasters that use the airwaves. He made similar remarks in the fall, which prompted two major TV station groups to keep ABC’s “Jimmy Kimmel Live!” off the air for a week due to remarks the host made regarding slain right-wing activist Charlie Kirk.

Trump and Defense Secretary Pete Hegseth have repeatedly attacked news organizations for any reporting that doesn’t say the war in Iran is anything but a rousing success.

On Friday, Hegseth said took aim at CNN and said “the sooner David Ellison takes over that network the better.”

Ellison, the chief executive of Paramount who, along with his father, has forged strong ties to the White House, will have control over CNN in addition to CBS if the company’s deal to acquire the news outlet’s parent Warner Bros. Discovery is completed.

Carr made the appointment of an ombudsman for CBS News a condition to approve Ellison’s Skydance Partners deal to acquire Paramount last year. Paramount also drew scrutiny over its controversial decision to pay $16 million to settle Trump’s legal salvo against “60 Minutes” over the editing of an interview with his 2024 opponent, then-Vice President Kamala Harris. Most legal analysts viewed the case as frivolous.

The FCC has no jurisdiction over CNN, which is why most of Carr’s barbs are aimed at ABC, CBS and NBC, which air on local TV stations. He once wrote on X, “More Americans trust gas station sushi than the legacy national media.”

Trump said in a social media post Sunday that he was “thrilled” with Carr’s remarks and would support his efforts to go after what he called “Highly Unpatriotic ‘News’ Organizations.”

“They get Billions of Dollars of FREE American Airwaves, and use it to perpetuate LIES, both in News and almost all of their Shows, including the Late Night Morons, who get gigantic Salaries for horrible ratings,” Trump wrote.

Andrew Jay Schwartzman, a Washington-based public interest communications attorney, believes Carr’s conduct and threats violate the 1st Amendment, adding that any serious attempt to revoke licenses would be tied up in legal challenges.

“Even if he started to try to deny a license renewal as quickly as he could, Brendan Carr would be long gone before that case would be over,” Schwartzman said. “The law intentionally sets out a very steep burden for the FCC to deny a license renewal; the process takes many years, during which time the licensee continues to operate normally under ‘continuing operating authority.’”

Carr’s remarks Saturday drew immediate blowback from Democrats and 1st Amendment advocates, noting the FCC’s role does not include policing the free press.

“Once again, this FCC pretends it has the power to control news coverage,” FCC Commissioner Anna Gomez said Monday in a statement. “In reality, the FCC has vanishingly little power over national news networks. It licenses local broadcast stations, not networks, and no licenses are up for renewal until 2028.”

Calif. Gov. Gavin Newsom weighed in as well, posting, “If Trump doesn’t like your coverage of the war, his FCC will pull your broadcast license. That is flagrantly unconstitutional.”

Sen. Ron Johnson (R-Wis.), usually a reliable voice of support for the Trump administration, expressed his concerns over Carr’s remarks.

“I’m a big supporter of the 1st Amendment,” Johnson told Fox News on Sunday. “I do not like the heavy hand of government no matter who’s wielding it. I’d rather the federal government stay out of the private sector as much as possible.”

Gomez added that while attempts to pull licenses border on folly, Carr’s threats and attacks on the media can create a chilling effect and erode the public’s confidence in the press.

“Over the past year, this FCC has attacked the media as part of a years-long campaign by this Administration and its allies to discredit factual, independent coverage while blaming the press for growing public distrust,” Gomez said. “Meanwhile, it is the FCC’s own credibility and public trust that are rapidly eroding.”

Trump is not the first president to target TV station licenses in response to negative news coverage. At the height of the Watergate scandal in the 1970s, Richard Nixon’s allies attempted to challenge the TV licenses for three stations owned at the time by the Washington Post.

The effort didn’t get far.

The last Los Angeles outlet to lose its broadcast license was KHJ in 1987, when the station was part of RKO General, a media company owned by the General Tire and Rubber Co. The case was related to corporate malfeasance and not broadcast content on the stations.

The process to revoke the RKO licenses took seven years from the moment the FCC voted in favor of the move.

“Since then, only small mom-and-pop radio stations have been litigated,” Schwartzman said. “The cases nearly always involve lying to the government, felony convictions or failure to pay regulatory fees. In one recent case, a small owner convicted of tax evasion still kept his license.”

There would be other logistical hurdles to the FCC making good on Carr’s threats.

As Gomez noted, Carr’s FCC only has regulatory control over the TV stations that carry the network signals. If stations were drop network programming for any reason, they could violate their affiliation contracts and lose the right to carry NFL football and other content that delivers big ratings and revenue.

Sinclair Broadcast Group wanted Kimmel to apologize to Kirk‘s family and contribute to his organization Turning Point USA before putting the host’s late night show on the air.

That did not happen and “Jimmy Kimmel Live!” returned to Sinclair’s stations anyway.

In remarks that are likely to stoke concerns through the corridors of CNN, Secretary of Defense Pete Hegseth said Friday he is looking forward to Paramount’s ownership of the network.

“The sooner David Ellison takes over that network the better,” Hegseth said during a morning briefing.

Hegseth’s invoking the name of the Paramount Skydance chief executive — whose company will take control of CNN once its deal to merge with Warner Bros. Discovery is finalized — amplified the fear many have that the cable news channel will seek to appease the Trump administration.

The typically combative Hegseth made the remarks after blasting CNN’s reporting on the U.S. military action in Iran. CNN said the Trump administration underestimated the impact its attack would have on the Strait of Hormuz, echoing the claims of other media outlets. Oil tankers have been unable to get through the passage due to attacks by Iranian drones, escalating gas prices as a result.

“CNN doesn’t think we thought of that,” Hegseth said. “It’s a fundamentally unserious report.”

Paramount declined to comment on the remarks by Hegseth, a former Fox News host who has a lot of experience in bashing the mainstream media. A CNN representative said the network stands by its reporting.

Trump has a friendship with Ellison’s father, Larry, and the two have reportedly discussed changes to CNN once Paramount takes ownership. But it’s the rare time such expectations have been offered up publicly by a top member of the administration.

Trump, who has long expressed disdain for CNN, expressed his preference for Paramount to prevail over Netfilx in its pursuit of Warner Bros. Discovery so that CNN would be in the hands of the Ellisons.

In his last public statement about CNN, David Ellison said he wants to be in the “truth business” and insisted there would be no corporate interference in the network’s coverage.

“CNN is an incredible brand with an incredible team, and we absolutely believe in the independence that needs to be maintained, obviously, for those incredible journalists, and we want to support that going forward,” Ellison told CNBC on March 5.

Paramount has been forced to battle the perception of that its news organizations will tilt to the right under its stewardship. One of David Ellison’s first moves after his company Skydance Media took over CBS was installing Bari Weiss as editor in chief of the network’s news division despite having no experience in TV news. Ellison acquired Weiss’s the Free Press, a centrist digital news site that often targets excesses of the political left and is staunchly pro-Israel.

The acquisition and the appointment of Weiss were seen as a way to help smooth the regulatory approval of Skydance’s acquisition of Paramount last year. CBS News has been under intense scrutiny for signs that is shifting its coverage to please the administration.

A number of CBS News journalists unhappy over the division’s direction under Weiss have already departed. Scott MacFarlane, the Justice Department correspondent who announced his exit Monday, was said to be particularly unhappy over the network’s handling of the anniversary of the Jan. 6, 2021, attack on the U.S. Capitol by Trump supporters who wanted to overturn the 2020 election results.

Anderson Cooper also passed on signing a new deal with “60 Minutes,” where he has been a correspondent since 2007. But with the merger, the CNN anchor will still be a part of the company.

Weiss’ has had some early missteps. The Jan. 6 story was among several highly criticized segments during the first week of “CBS Evening News with Tony Dokoupil.” She delayed a “60 Minutes” segment on the government’s use of an El Salvador prison to detain undocumented migrants for more reporting, only to have it air with minor changes. The delay prompted charges that Weiss was trying to placate the White House, which CBS denied.

Notwithstanding the controversy, some insiders contend there has
not been a significant shift in how CBS News is covering most stories.

The network was among the first to report that the severity of injuries to U.S. service members from an Iranian drone attack in Kuwait were far more serious than the government initially said.

CBS News is also moving ahead with the hiring of Jeremy Adler, once a top advisor to former congresswoman and outspoken Trump nemesis Liz Cheney, to handle communications for Weiss, according to people familiar with the plan who were not authorized to speak publicly.

Axios — citing unnamed sources — reported that White House officials are angry about Adler joining the network, as Cheney was vice chairman of the committee that investigated the Jan. 6 insurrection.

Cheney, the daughter of former Vice President Dick Cheney and one of the most conservative members of Congress during her time, supported Trump’s opponent Kamala Harris in the 2020 election.

Adler was Cheney’s deputy chief of staff and senior communications advisor from 2019 to 2023. He also served as a regional press secretary on now-Secretary of State Marco Rubio’s 2016 presidential campaign.