CNN under new ownership: What Skydance takeover means for the US news network
After a tumultuous, roughly yearlong process, Skydance-owned Paramount closed its USD 81 billion buyout of Warner Bros. Discovery on Tuesday. And beyond Hollywood, the mega merger brings two titans of the American TV news landscape – CBS and CNN – under the same roof.
On the eve of the deal’s completion, Skydance confirmed that CNN’s Mark Thompson will stay on as editor-in-chief of the network – separate from CBS, where Bari Weiss remains at the helm. But how the combined company’s news operations will look farther down the road is yet to be seen.
