CNN’s boss will remain as Paramount and WBD merge into Skydance
CNN CEO Mark Thompson will remain in his role following the $110 billion merger between Warner Bros. Discovery and Paramount to form a new entity called Skydance. The leadership team includes David Ellison as CEO and various executives overseeing film, television, and streaming divisions.
Why it matters
This consolidation represents a massive shift in the media landscape, combining major news and entertainment assets under a single corporate umbrella.
CNN CEO Mark Thompson will remain at the head of the news network when Paramount’s $110 billion Warner Bros. Discovery acquisition closes this week. Thompson wrote in a memo to employees that he believes the combined company will “fully support the principle and practice of the kind of independent news that CNN has always stood for,” according to a report from The New York Times. The news comes as part of an announcement detailing the combined company’s executive leadership.
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