Paramount Acquires Warner Bros. Discovery; Ellison Targets CNN Control
- Reports
- 34
- Developments
- 3
- Repetition
- 91%
New informationRepeats or wire copies
What happened
Paramount is completing its $110 billion acquisition of Warner Bros. Discovery, which will bring CNN and CBS News under the same corporate owner. Separately, CNN reporters were battling the Trump administration over access to the White House during a state dinner honoring Chinese President Xi Jinping.
From thewrap.com
Why it matters
The acquisition establishes a new corporate structure, placing CNN under Paramount's ownership. The press access dispute highlighted the tension between news organizations and the Trump administration regarding coverage of the president.
From thewrap.com
Who's involved
- David EllisonIs preparing to take control of CNN assets.
- ParamountIs completing the acquisition of Warner Bros. Discovery.
- Warner Bros. DiscoveryIs being acquired by Paramount in a $110 billion deal.
- CNNIs being acquired by Paramount as part of the corporate merger.
- Donald TrumpIs the administration whose actions restricted CNN press access.
- Xi JinpingIs the Chinese President honored at the state dinner.
- White HouseIs the location where press access was contested.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CNNSpeculative
May face changes in corporate structure and ownership.
How it developed
Newest first. Tap a step to see who reported it.The deal structure combines DC Studios with HBO and CNN, with Comcast competing in the bidding.1 source
The new Skydance company's structure is influenced by donor ties and debt requirements.1 source
Ellison moves to control CNN; Paramount buys WBD; Trump hosts Xi Jinping.1 source
Keep exploring
The entities involved
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CNN
American news channel
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David Ellison
researcher (ORCID 0000-0003-1239-7757)
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Paramount
American record label 1917-1932
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Warner Bros. Discovery
American mass media and entertainment conglomerate
Related events
- The corporate fallout from the Paramount Skydance merger is underway, involving Ellison's controversial reforms at CBS News, leadership resignations, and the influence of Trump ties.
- Jennings was considered for the White House Press Secretary role while Karoline Leavitt served, and Trump used CNN for political defense.
- Trump held a rally in Kansas while directing followers to RSBN coverage and criticizing Fox News.
Coverage
Newest first; wire copies grouped30 more outlets ran the same wire story
- wnd.com
- rutlandherald.com
- stcatharinesstandard.ca
- chroniclejournal.com
- ksat.com
- independent.co.uk
- dunyanews.tv
- arkansasonline.com
- newsroomamerica.com
- voiceofalexandria.com
- capitalgazette.com
- wellandtribune.ca
- news4jax.com
- republicanherald.com
- wral.com
- greeleytribune.com
- aol.com
- nvdaily.com
- boston.com
- baltimoresun.com
- click2houston.com
- mymotherlode.com
- orlandosentinel.com
- medicinehatnews.com
- kelownadailycourier.ca
- wokv.com
- rte.ie
- techtimes.com
- adweek.com
- freepressjournal.in