The report is as troubling as it was inevitable, as Paramount CEO David Ellison’s father Larry is tight with the Twitter/X owner, while both the Ellison and Musk camps have both simpatico right-wing leanings and a penchant for gobbling up influential media concerns. According to the report, David Ellison is looking to put together a “syndicate” of investors to firm up the company’s cash reserves, with Musk at the top of the to-do list.
Naturally, this is concerning stuff, as the Paramount merger has already sent ripples of justifiable anxiety through the about-to-be-merged CNN, with the Ellison-controlled Paramount’s already disastrous meddling with once-respected news outlets like CBS News and 60 Minutes offering up evidence of impending catastrophe. By approaching the notably erratic, white supremacy-posting, anti-“woke” culture warrior Musk for partnership in their new multimedia endeavor, the Ellisons are quickly confirming their vocal critics’ worst fears.
A federal judge will review the deal between Paramount and the state attorneys general who’ve abandoned their lawsuit opposing the merger on Thursday. And while the legalese describing the procedure as designed to “address certain outstanding questions regarding the factual and legal underpinnings of the parties proposed consent decree, as well as the implementation of the proposed consent decree,” perhaps a quick scroll through potential investor Musk’s X feed could be admitted into late evidence.