Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid.

Netflix is set to acquire Warner Bros. Discovery for a value of $82.7 billion. Following the news, Paramount decided to launch their own hostile bid for the media conglomerate

The president's comments are notable because the proposed deal with Netflix wouldn't include cable channels owned by Warner Bros. Discovery, such as CNN and TNT.

President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.

Kara Swisher has vowed to quit her job as a CNN contributor if Paramount ends up buying Warner Bros. Discovery. “I’m walking right out of there the day they get there,” Swisher told her Pivot podcast co-host Scott Galloway on Friday. “I’m walking, and there’s no way I’m working for these terrible people.”

The CEO stands to gain $567 million if a deal is sealed to sell the WB empire, while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.