The merger deal between Paramount and Warner Brothers has now officially gone through, meaning a Trump-supporting family, the Ellisons, OFFICIALLY hold the reins of power of CNN, the progressive state cable news flagship.
The current head of CNN, Mark Thompson, said of the merger, “First, I’m convinced that from David Ellison on down, Paramount Skydance leadership really does believe in news alongside entertainment as a top strategic opportunity for our new company… And second, having now spoken to them at length of the topic, I have real confidence that they both understand and will fully support the principle and practice of the kind of independent news that CNN has always stood for.”
Trump Allies Officially Take Control of CNN– slaynews.com
News Source
EXCERPT:
CNN has now officially come under the ownership of a family with close ties to President Donald Trump, placing one of his most frequent media targets inside the expanding media empire led by David Ellison.
The Ellison family’s takeover of CNN parent Warner Bros. Discovery took effect on Tuesday through its merger with Paramount.
Billionaire Larry Ellison, a close Trump ally, has backed the expansion led by his son.
The new owners will retain CNN chief Mark Thompson, according to a leadership announcement Monday.
Thompson will serve as chairman and editor-in-chief, reporting to Skydance CEO David Ellison and co-CEO Ynon Kreiz.
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