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Benzinga
Benzinga
Business
Ananya Gairola

Elizabeth Warren Explodes Over News Of Paramount Skydance's Planned Bid For Warner Bros. Discovery: Links Trump To 'Dangerous Concentration Of Power'

Elizabeth Warren Paramount Skydance Paramount Warner Bros BET Discovery Skydance Donald Trump X David Ellison
Elizabeth Warren

On Thursday, U.S. Senator Elizabeth Warren (D-Mass.) denounced Paramount Skydance Corp.'s (NASDAQ:PSKY) reported plans to bid for Warner Bros. Discovery Inc. (NASDAQ:WBD). She warned that the potential media merger poses a threat to competition and could be linked to questionable approvals under President Donald Trump.

Shares of Warner Bros. Discovery surged 28.95% on Thursday and rose another 9.77% after hours. Paramount Skydance stock gained 15.55% in regular trading and edged higher by 0.23% in after-hours, according to Benzinga Pro.

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