
"A Paramount-WBD merger is a disaster for the people who work at both companies, and if Bari Weiss takes control of CNN, it will be the end of the global network Ted Turner founded, one concerned CNN producer who was not authorized to comment told the Guardian. I don't think that's hyperbolic."
"Weiss, a conservative commentator turned media entrepreneur with no previous television industry experience, has had an uneven tenure at CBS since she was appointed editor-in-chief last October. Her path to the job was paved by concessions that David Ellison and his Skydance Media made to gain the support of Trump-picked regulators to acquire Paramount."
"Turner, a billionaire media entrepreneur, revolutionized TV news when he founded the 24-hour, all-news channel in 1980. A second CNN staffer had a more measured reaction, saying that because CNN is so big and makes so much money, it was always going to attract the Ellisons."
Following Netflix's decision to abandon its $83 billion bid for Warner Bros Discovery, employees at CNN and CBS News face uncertainty about their futures. Paramount Skydance has emerged as the winning bidder, pending shareholder and regulatory approval. Staff members worry about network consolidation leading to significant layoffs and fear potential ideological shifts in programming, particularly regarding Bari Weiss, a conservative commentator with no television experience, potentially gaining influence at CNN. Weiss was appointed CBS News editor-in-chief after Skydance made concessions to Trump-aligned regulators. CNN employees express concern that such changes could fundamentally alter the network Ted Turner founded as a revolutionary 24-hour news channel in 1980. CBS News staff similarly expressed distress about potential departmental eliminations resulting from the merger.
#media-consolidation #cnn-and-cbs-news #paramount-skydance-merger #job-cuts-and-layoffs #editorial-leadership-changes
Read at www.theguardian.com
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