CNN gets a best-case scenario under its new owners
Mark Thompson will stay in charge of CNN and will report to Skydance leadership, not controversial CBS chief Bari Weiss
It has been an uncertain time at CNN over the past several months. As it became clearer that Paramount Skydance would acquire CNN’s parent company, Warner Bros. Discovery, a big question loomed.
What would happen to CNN?
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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.