CNN Now Has a New Owner. What Will the Future of the Network Be Under Skydance?
The deal keeps CNN and CBS editorially separate for now, with a new oversight board required within 180 days, officials said.
- On Tuesday, Skydance closed its $81 billion acquisition of Warner Bros. Discovery, placing CNN and CBS under one corporate roof and creating a media giant spanning film, television, and news operations.
- A coalition of 12 states initially sued to block the merger, forcing a settlement requiring Skydance to form a 'News Editorial Independence Board' within 180 days to monitor coverage at both networks.
- Court documents specify the board will include five 'active or retired' journalists with at least 10 years of experience; company directors will appoint members and retain oversight of operations.
- CNN Editor-in-Chief Mark Thompson will remain to lead the network, while Bari Weiss continues at CBS News. Thompson stated he has "real confidence" Skydance leaders will support independent journalism principles.
- The merger concludes amid ongoing friction with President Donald Trump, who recently barred CNN from the White House, citing what he called "fake news" and unfavorable coverage.
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CNN’s new era begins as Skydance brings two news giants under one roof
Skydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as editor-in-chief, while new governance structures are under consideration. Critics worry that corporate ownership may influence news coverage and reporting standards over time. Skydance's relationship with political figures, particularly Donald Trump, adds another layer of complexity to its news operations. D…
Donald Trump Weighs On On New Skydance
President Donald Trump commented on Skydance’s acquisition of Warner Bros. Discovery, completed on Tuesday, by apparently showering praised on its CEO David Ellison and his father Larry. “It’s going to be a great company,” Trump told reporters when asked about the deal. “They’re terrific people, and it’s going to be a great company.” Trump’s ties […]
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