Paramount Skydance Secures Warner Bros Discovery in A$156 Billion Deal: Winners, Losers, Trump's Man

• Paramount Skydance acquired Warner Bros Discovery for A$156 billion, outbidding Netflix, which withdrew from the deal.
• WBD CEO David Zaslav and Skydance CEO David Ellison emerge as key winners, with Zaslav's shares valued at US$790.5 million and Ellison gaining immense media power.
• Donald Trump's tacit approval is highlighted as a factor, contrasting with Netflix's political opposition over "woke" content.
• Netflix, despite losing the bid, receives a US$2.8 billion termination fee and saw its shares surge post-withdrawal.
• The creative community, audiences, and journalism are identified as potential losers due to anticipated job losses, reduced film diversity, and conservative editorial shifts at news divisions like CBS and CNN.