Part 2/12:
Paramount, now expanding through a bid led by SKYdance and the Ellison family, has expressed keen interest in acquiring all of Warner Brothers, including assets like CNN and TBS. This move could significantly bolster Paramount’s portfolio, but it raises questions about regulatory compliance, notably regarding ownership of news outlets. If successful, the Ellison family’s ownership could reshape the news landscape, possibly consolidating Warner’s news channels into CBS or orchestrating a sale or shutdown of CNN.