Warner Bros. Discovery Looks Set to Spurn Paramount Again
Friday, July 3, 2026 · 8 min

Warner Bros. Discovery is reportedly preparing to reject Paramount Skydance’s revised bid again, keeping the $111 billion media megamerger in limbo. California’s antitrust review remains focused on competition, not a forced CNN sale, as CNN talent weighs the uncertainty.
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Show notes
Warner Bros. Discovery is reportedly preparing to reject Paramount Skydance’s revised bid again, keeping the $111 billion media megamerger in limbo. California’s antitrust review remains focused on competition, not a forced CNN sale, as CNN talent weighs the uncertainty.
In this episode
- Warner Bros set to reject Paramount bid again: Bloomberg reveals — Parapolitika
Warner Bros set to reject Paramount bid again: Bloomberg reveals According to exclusive information published by Bloomberg, Warner Bros Discovery is preparing to reject for a second time the acquisition offer submitted by Paramount Skydance. The decision is expected despite the fact that the rival company has made significant modifications to the original terms of its proposal, as confirmed by…
- Paramount May Still Get to Keep CNN As California's AG Denies Earlier Reports He Wanted It Sold Off | Cord Cutters News — Cord Cutters News
Paramount May Still Get to Keep CNN As California's AG Denies Earlier Reports He Wanted It Sold Off | Cord Cutters News # Paramount May Still Get to Keep CNN As California’s AG Denies Earlier Reports He Wanted It Sold Off --- By on July 1, 2026 in All News, News --- California Attorney General Rob Bonta has moved to correct recent reports claiming his office seeks to force the sale of…
- Top CNN star to leave network ahead of Paramount takeover and possible Bari Weiss leadership | The Independent — The Independent
Top CNN star to leave network ahead of Paramount takeover and possible Bari Weiss leadership | The Independent ## Stay up to date with notifications from The Independent Notifications can be managed in browser preferences. Not nowYes please CNN’s Chief Legal Affairs Correspondent Paula Reid is poised to leave the network ahead of Paramount’s takeover, according to reports. Her exit comes as…
- Step Back — With CNN staffers reportedly leaving before the Paramount takeover closes, how much can David Ellison or Paramount actually steer CNN’s leadership or editorial direction while the deal is still under review — and where’s the line between normal integration planning and illegal “gun-jumping”?
Background sources
- Top CNN star to leave network ahead of Paramount takeover and possible Bari Weiss leadership | The Independent — The Independent
- Will California AG Force Paramount to Sell CNN? Bonta Says 'I Have No Idea' Where That 'Comes From' — Todd Spangler
- David Ellison Says CNN Independence Needs To Be Maintained — Jill Goldsmith
- David Ellison Vows CNN Will Be Independent as Paramount Buys WBD — Todd Spangler
- CNN Sale Fears & Russini-gate Revisited - Puck — Puck
- CNN Angst As Paramount Wins Right To Acquire Warner Bros Discovery — Ted Johnson,Dominic Patten
- CNN Staffers Anxious as Paramount Buys Warner Bros. — Michael Calderone and Corbin Bolies