David and Larry Ellison Sued by Paramount Investors Over Alleged Trump Side Deal

Paramount investors have filed a lawsuit against David and Larry Ellison, alleging they concealed a side deal with Trump to overhaul CNN. The complaint suggests these promises were made to secure approval for Paramount's proposed WBD acquisition. This legal action follows separate lawsuits filed against the studio by the Writers Guild of America and a coalition of state attorneys general, as the administration seeks to reshape the current media landscape through these strategic changes.