Market Chatter: Paramount Skydance CEO Ellison Says Editorial Independence of CNN Will Be Maintained

MT Newswires Live03:40

Paramount Skydance (PSKY) Chief Executive David Ellison said that editorial independence will be maintained at CNN when his company acquires Warner Bros. Discovery (WBD), Bloomberg reported Thursday.

With Paramount Skydance moving to buy Warner Bros. Discovery for $110 billion last week, CNN journalists expressed concern that political considerations might cause the management to interfere with their reporting on the Trump administration, according to the report.

Speaking at an interview on CNBC, Ellison said that CNN is an "incredible brand with an incredible team" and that CNN's independence needs to be maintained for its journalists, the report said.

Paramount Skydance, owner of CBS News, did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 12.04, Change: -0.02, Percent Change: -0.12

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