US EditionParamount CEO David Ellison Says CNN’s Editorial Independence ‘Will Be Maintained’
David Ellison pledges to uphold CNN's editorial independence and invest in expanding streaming access as his company nears a $111 billion acquisition of Warner Bros. Discovery.
- On Thursday, David Ellison pledged to protect CNN's independence as Paramount Skydance nears a $111 billion Warner Bros. Discovery deal, saying, `'CNN is an incredible brand with an incredible team, and we absolutely believe in the independence that needs to be maintained, obviously for those incredible journalists, and we want to support that going forward.'`
- Concerns trace to the Ellisons' prior takeover last year and Bari Weiss, head of CBS News editorial operations, whose $150 million Free Press sale to Paramount sparked discord and fears among CNN staffers.
- Planning to expand via streaming, Ellison's company aims to transition CNN and CBS News to streaming and appeal to the 70 percent of Americans who identify as center-left or center-right.
- The purchase requires regulatory approval and a Warner shareholder vote as Larry Ellison, financier of the takeover and ally of President Donald Trump, fuels staff concerns, while Anderson Cooper departs 60 Minutes earlier this month.
- Touting scale to Wall Street, Ellison said the transaction will be positive for both CBS News and CNN, but warned changes are needed as news brands adapt.
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The Ellisons’ potential media empire under a Paramount-Warner Bros. deal
Paramount Skydance appears to have won the bidding war to purchase Warner Bros. Discovery. If the $110.9 billion deal goes through, it will place a vast media kingdom in the hands of Paramount CEO and staunch Trump administration supporter David Ellison, with his father, billionaire Larry Ellison, also likely to play a role. This includes nearly unprecedented access to a variety of news organizations and Hollywood tentpoles.CBS NewsCBS is alread…
Can Paramount Save CNN? Unlikely
Should Paramount Skydance's pending acquisition of Warner Bros. Discovery pass government approval, CEO David Ellison says he will push to restore CNN's credibility. "Really, who we want to talk to is the 70% of Americans — and really around the world — that identify as center left, as center right," Ellison told CNBC this week. "And we want to be in the truth business. We want to be in the trust business. And that’s not going to change."The ac…
David Ellison supported, in an interview agreed on the Squawk Box issue of the CNBC, that CNN will remain an independent news organisation from an editorial point of view.
New York. The executive director of the Paramount Skydance media conglomerate, David Ellison, said Thursday that he wants to preserve CNN's editorial independence once Warner Bros Discovery (WBD) purchase materializes in the coming months.
Coverage Details
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
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