Paramount's Acquisition of Warner Bros Discovery Transfers CNN Ownership to David Ellison

Paramount is acquiring Warner Bros Discovery for approximately $110 billion, which will transfer ownership of CNN to David Ellison's Paramount Skydance, described as 'MAGA-friendly.' This change has raised concerns among CNN staff about potential shifts in the network's editorial approach. CNN CEO Mark Thompson has addressed these worries, urging employees not to panic or jump to conclusions and to continue focusing on quality journalism. The deal awaits regulatory approval and follows a competitive bidding process involving Netflix.