Shopping spree: The Ellisons buy Warner Bros., will now run CBS and CNN, and Netflix stock soars.

🔥🚨BREAKING: Netflix just dropped out the massive bidding war for Warner Discovery resulting in Paramount being awarded Warner Brothers. Netflix co-CEOs Ged Sarandos and Greg Peters released a statement saying the deal was “no longer financially attractive.” pic.twitter.com/HFQQfi6qO4 — Dom Lucre | Breaker of Narratives (@dom_lucre) February 27, 2026 That’s All, Folks: Netflix Walks Away …

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The Washington Post posts a $100 million loss, Ellison’s Paramount turns red with profits vanishing. CNBC cuts more staff.

The Washington Post lost more than $100 million last year, according to a Wall Street Journal report, a substantial shortfall that led the paper to lay off a third of the company earlier this month. The Post’s leaders had been vocal about the financial challenges amid changing consumer habits, but have not shared precise numbers …

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Warner rejects Paramount hostile bid. Ellisons “misled” shareholders.

The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.” With the rejection official, Paramount will need to persuade WBD shareholders to tender their shares at that price, …

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Keith Ellison’s son continues to draw $109,000 taxpayer salary while studying at Harvard

Jeremiah Ellison is not on leave. He’s not suspended. He’s not even pretending to step back. He’s collecting a $109,000 salary from Minneapolis taxpayers while living in Cambridge, Massachusetts, for a full-time Harvard fellowship. The city calls this “business as usual.” That phrase now means: no presence, no votes, no accountability. 🚨 WOW: Keith Ellison’s …

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