
'Shaken' CNN staffers say they fear what Paramount takeover would mean for newsroom
NBC News
CNN employees reacted with alarm after Netflix abruptly pulled out of the bidding war for Warner Bros.
CNN employees reacted with alarm after Netflix abruptly pulled out of the bidding war for Warner Bros. Discovery, effectively clearing the way for a takeover of the 24/7 cable channel by Paramount Skydance, the media giant run by technology heir David Ellison.
Seven current CNN employees who spoke to NBC News on Thursday night, hours after Netflix announced it would not try to match Paramount’s bid for WBD, expressed a combination of fear and concern. They described the mood inside the company as “shaken” and” depressing.”
Paramount’s offer, formally signed into an agreement by WBD’s board Friday afternoon, still needs to go through Justice Department regulators. Democratic politicians and California’s attorney general have said they will also be looking closely at the deal.
But if it is approved, Ellison — the son of Oracle technology mogul Larry Ellison, a close ally of President Donald Trump — stands to control two of the key pillars of the traditional news media: CNN and CBS News, home of “60 Minutes.”
One CNN journalist who regularly appears on air described Netflix’s pullback as “shocking.” The journalist said they believed some staffers would head for the exits if faced with the prospect of working for David Ellison or CBS News editor-in-chief Bari Weiss, whom Ellison hired to “invigorate” the storied network news division.













