Makan Delrahim made the disclosure at Politico’s California Agenda conference, according to Reuters, signaling that Paramount is willing to go beyond internal safeguards to salvage a deal that has become one of the most politically charged media mergers in years. Warner Bros. Discovery is the publicly traded parent of CNN (NASDAQ: WBD), and the merger’s fate directly determines whether Ellison’s Paramount consolidates control over both CBS News and the cable network.
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Investing.com13h agoneutral
Paramount puts CNN sale on table to settle 12-state antitrust suitThe Wall Street Journal12d agoneutral
Newsom Expresses Concerns About State Antitrust Suit Against ParamountThe California governor has told people involved in the suit that blocking the $81 billion deal could harm Hollywood jobs.
MT Newswires42d agoneutral
Market Chatter: Paramount Skydance Offers EU Remedies for $110 Billion Warner Bros Discovery Deal Amid Antitrust ScrutinyParamount Skydance (PSKY) has reportedly offered concessions to address European Union competition c