Paramount CEO David Ellison Attends Trump State of the Union Hours After $31 WBD Bid

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David Ellison, the head of Paramount Skydance, will be attending President Trump’s State of the Union address shortly after his company increased its offer to buy Warner Bros. Discovery, raising the bid to $31 per share.

Senator Lindsey Graham announced on X that Ellison will be joining him as his guest at the upcoming address.

He announced he was honored to have David Ellison join him as his guest at tonight’s State of the Union address.

Ellison Appears at Key Political Moment

The announcement came at a notable time. On Tuesday morning, Warner Bros. Discovery revealed that its board believed a new offer of $31 per share from Paramount Skydance could potentially be better than its existing deal with Netflix.

I’ve been following the media merger news closely, and while Warner Bros. Discovery hasn’t officially said the Paramount-Skydance deal is better, this announcement definitely feels like a challenge to Netflix. They’ve got just four days to respond, and it seems like a really important moment for them.

Regulatory Scrutiny Looms Over Netflix Deal

Larry Ellison’s appearance at Donald Trump’s event happens as regulators are increasingly focused on the potential sale of Warner Bros. Discovery.

The deal between Netflix and another company is likely to be investigated by regulators in the US and Europe to ensure it doesn’t violate antitrust laws. This review could take years, potentially holding up final approval.

Paramount Skydance’s offer of $31 per share in cash is expected to face fewer hurdles with regulators than Netflix’s proposal.

Watch the State of the Union address

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2026-02-25 05:31