July 24, 2025

Warren on Trump Administration Approving Paramount Megamerger: “Bribery Is Illegal No Matter Who Is President”

Washington, D.C. – Today, in response to the news that the Trump administration approved Paramount Global’s (Paramount) $8 billion merger with Skydance Media (Skydance), U.S. Senator Elizabeth Warren (D-Mass.) released the following statement:

“Bribery is illegal no matter who is president. It sure looks like Skydance and Paramount paid $36 million to Donald Trump for this merger, and he’s even bragged about this crooked-looking deal. I’ve been ringing the alarm bell for months, launching a Senate investigation into possible corruption, and this merger must be investigated for any criminal behavior. It’s an open question whether the Trump administration’s approval of this merger was the result of a bribe.”

Senator Warren has led the charge to determine if Paramount bribed President Trump in exchange for approval of its multi-billion-dollar megamerger with Skydance, and has fought relentlessly against President Trump's corruption:

  • On July 23, Senator Warren published an op-ed in Variety: “Elizabeth Warren on Colbert 'Late Show' Cancellation: Is the Paramount Trump Payoff a Bribe?”
  • On July 21, Senators Warren, Sanders (I-Vt.), and Wyden (D-Ore.) pressed David Ellison, CEO of Skydance, about reports of a secret deal between Skydance and President Trump — and how it may be related to Paramount’s recent multi-million-dollar settlement agreement with Trump.
  • On July 17, Senators Warren and Richard Blumenthal (D-Conn.), along with Representatives Jared Moskowitz (D-Fla.), Jamie Raskin (D-Md.), Melane Stansbury (D-N.M.), and lawmakers in Congress unveiled the Presidential Library Anti-Corruption Act to close loopholes that allow presidential libraries to be used as tools for corruption and bribery.
  • On July 2, Senator Warren called for an investigation into Paramount’s settlement with Trump.
  • On May 19, Senators Warren, Sanders, and Wyden wrote to Shari Redstone, Chair of Paramount, with concerns regarding whether Paramount may be engaging in potentially illegal conduct involving the Trump Administration in exchange for approval of its megamerger with Skydance.

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