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Perplexity

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Perplexity

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As Paramount moved Monday to sweeten its bid for Warner Bros. Discovery,
a high-stakes political battle is playing out behind the scenes.

Paramount's latest offer enhanced its earlier $30-a-share bid, valued at $108 billion,
said a person familiar with the process who was not authorized to comment publicly.

Details of the revised proposal, first reported by Bloomberg, were not immediately available.

The firm is leveraging both the dynastic wealth of #Larry #Ellison’s empire
and his ties to the Trump administration
to dismantle Netflix’s rival $82.7-billion deal for Warner,
which owns CNN, HBO and the premier Hollywood film and television studios,
according to people close to the auction.

Over the weekend, President Trump turned up the heat,
demanding that Netflix "IMMEDIATELY" fire #Susan #Rice
— a former Obama and Biden administration official
— who serves on Netflix's 13-member board
or "pay the consequences."

Trump, in a Saturday night social media post, called the former ambassador
"deranged ... She’s got no talent or skills — Purely a political hack!”

Trump previously said he would not get involved in the pivotal Warner Bros. auction,
instead leaving the matter to the Department of Justice,
which is investigating whether a Netflix takeover,
or Paramount's alternative bid,
would harm competition.

Trump has been an outspoken critic of CNN and many of its on-air hosts.

Netflix won the bidding for the storied studio and HBO in December,
prompting the spurned Paramount executives to launch a multipronged strategy to scuttle the Netflix deal.

Netflix co-Chief Executive #Ted #Sarandos sought to downplay the latest controversy, saying during a BBC interview Monday:
"This is a business deal, it's not a political deal."

But Paramount, which declined to comment for this article, has not been shy about playing its political cards.

https://www.aol.com/articles/politics-center-stage-paramount-submits-011031325.html

Every few years, Democrats try to convince themselves they’ve found the one
– a candidate who can finally speak fluent rural,
who looks and sounds like the voters they’ve lost.

In 2024, that hope was pinned on #Tim #Walz, the flannel-wearing, “Midwestern nice” governor whose small-town roots were supposed to unlock the rural Midwest for a Harris–Walz victory.
It did not.
Now those expectations have migrated to New England, onto #Graham #Platner
– the tattooed veteran and oyster farmer from Maine
who swears from the stump,
wears sweatshirts instead of suits,
and,
some believe,
could be the party’s blue-collar savior against Sen. #Susan #Collins, the Republican incumbent running her sixth campaign for U.S. Senate.

I study rural politics and live in rural Maine.

I’m skeptical whether Platner can reach the independents and rural moderates Democrats need.

But I also see why people think he might: He’s speaking to grievances that are real, measurable and decades in the making.

Platner represents Democrats’ anxieties about class and geography
– a projection of the authenticity they hope might reconcile their national brand with rural America.

On paper, he’s the kind of figure they imagine can bridge the divide: a plainspoken Mainer.

But his story cuts both ways.

He’s the grandson of a celebrated Manhattan architect,
his father is a lawyer and his mother is a restaurateur whose business caters to summer tourists.
He attended the elite Hotchkiss School.

⭐️It’s a life of silver spoons and salt air.

-- That tension mirrors the Democratic party itself -- led and funded by urban professionals who are increasingly aware of just how far they strayed from their working-class roots.

If Platner is to prevail, he must assemble a coalition that expands beyond what the party has become
– concentrated in urban and coastal enclaves, financed nationally and culturally distant from much of rural America.

Yet Platner’s immediate hurdle isn’t rural Maine at all.

It is the Democratic primary, and those voters do not live where his campaign imagery is set
https://theconversation.com/why-rural-maine-may-back-democrat-graham-platners-populism-in-the-senate-campaign-but-not-his-party-269466