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What We Know — and Don’t — About Paramount’s Hollywood Plans

Staffers expect new goals and possible leadership changes as the merger terms call for a board to oversee accuracy, independence and fairness.

  • On Monday, Paramount Skydance cleared the final antitrust hurdle to acquire Warner Bros., with the merger expected to close by early October.
  • A 12-state coalition led by California Attorney General Rob Bonta secured concessions including minimum annual film-release targets and five-year commitments to maintain studio lots in Burbank and Los Angeles.
  • Warner Bros. Discovery projected CNN will generate $600 million in profit on $1.8 billion in revenue in 2026, though the network faces uncertainty as Paramount begins integrating sprawling assets.
  • Critics point to Paramount CEO David Ellison's management of CBS News, where personnel allegedly prioritize interviews with officials like Defense Secretary Pete Hegseth, raising editorial concerns.
  • The settlement establishes an oversight board for accuracy, independence, fairness and journalistic integrity, though experts remain skeptical given past ineffectiveness of similar bodies.
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Brian Stelter and Liam Reilly, CNN Paramount overcame the last hurdle in their one-year career to acquire Warner Bros. Discovery. Now comes the really hard part.In the coming weeks, Paramount will take control of CNN and numerous Warner assets, such as HBO, DC Comics and Discovery Channel.The integration of all the

·Panama City, United States
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What we know — and don’t — about Paramount’s Hollywood plans

By Brian Stelter, Liam Reilly, CNN (CNN) — Paramount has cleared the final hurdle in its year-long race to take over Warner Bros. Discovery. Now comes the really hard part. In the coming weeks, Paramount will take control of CNN and scores of other Warner assets like HBO, DC Comics, and the Discovery Channel. Integrating

·Idaho Falls, United States
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Variety broke the news in Los Angeles, United States on Tuesday, September 22, 2026.
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