Paramount flags CNN sale as path to settle 12-state antitrust suit

TL;DR Summary
Paramount’s legal chief signaled CNN could be sold to settle a 12-state antitrust suit tied to its $110 billion bid for Warner Bros. Discovery, a move that could unlock the politically charged merger; reports also note talks of an editorial board and safeguards for CNN’s independence, while California’s attorney general remains skeptical and a September 30 deadline could trigger substantial ticking fees if no agreement, potentially pushing the case to trial in 2027.
- Paramount puts CNN sale on table to settle 12-state antitrust suit finance.yahoo.com
- Paramount Has Spent 100 Years in Hollywood. David Ellison Loved That. Until He Didn’t The Hollywood Reporter
- Inside David Ellison’s desperate fight for Warner Bros. latimes.com
- David Ellison Has Gamed Out His California Exit puck.news
- Paramount-Warner Merger Lawsuit Should Settle, Becerra Says Bloomberg.com
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