Instagram/John Oliver & Stephen Col TV John Oliver reacts to Paramount's Warner Bros. Discovery takeover, mocking his "new business daddy" and low viewership fears. March 21, 2026 AceShowbiz - In the latest episode of Last Week Tonight, John Oliver addressed the news of Paramount's successful acquisition of Warner Bros. Discovery, expressing sharp criticism of the deal and what it means for his show moving forward. Opening his monologue, Oliver joked about having a "new business daddy" in Paramount CEO David Ellison, following the collapse of Netflix's bid to acquire WBD.