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International Business Times UK
International Business Times UK
Jim Manzon

Paramount-Warner Bros Merger: Ellison Family's $111B Deal to Control CNN, CBS, TikTok Sparks Sanders' 'Oligarchy' Warning

Senator Bernie Sanders warns one Trump-aligned family could control TikTok, CNN, CBS, HBO, and over a dozen major networks. (Credit: Sen. Bernie Sanders/X)

One family could soon control what hundreds of millions of people watch, read, and scroll through every day.

The Ellisons are on the verge of assembling the largest media empire in American history. If the $111 billion (£83 billion) merger between Paramount and Warner Bros. Discovery closes, Oracle co-founder Larry Ellison and his son David will control CBS, CNN, HBO, TikTok's US operations, MTV, BET, Nickelodeon, Comedy Central, Paramount+, Pluto TV, Discovery Channel, Cartoon Network, TNT, TBS, The CW, DC Studios, and Warner Bros. Pictures.

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