Employees at CNN “have real concerns ”about the network’s future after Paramount won a bidding war for Warner Bros. Discovery, CNN senior media analyst Brian Stelter reported Friday.
Netflix ended its efforts to acquire the media conglomerate that owns CNN after Paramount offered $31 a share, which the board of Warner Bros. determined was a superior offer to the $27.75 a share offered by Netflix, PBS reported. Stelter questioned if Paramount CEO David Ellison, the son of Oracle founder and Trump fundraiser Larry Ellison, would respect CNN’s “editorial independence” given his relationship with President Donald Trump. (RELATED: CNN Host Claims Biden Admin Never Lost Track Of 300,000 Kids)
