While you were sleeping (metaphorically or literally) the deal for Paramount to take over WBD was okayed . CNN looks set to go the way of CBS…. Meanwhile Oracle, which bankrolled Skydance, remains overly exposed to a high-risk gamble on AI….
Emily Bell
Breaking: Trump's DOJ has OKed Paramount's deal to take over Warner Bros. Discovery, including CNN. State-level antitrust lawsuits still loom. Here's my full story: www.cnn.com/2026/06/12/m...
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.