"CNN staffers' anxieties stem in part from Paramount's recent stewardship of CBS News, which has faced internal turmoil and declining ratings. Paramount's early moves including installing former opinion journalist Bari Weiss in a top editorial role have sparked complaints from staffers concerned about perceived ideological direction and newsroom interference."
"One analyst, New Street Research's Blair Levin, warned that talent may soon see Paramount as the entity most willing to adjust its news and entertainment offerings to curry favor with Trump, a dynamic that allegedly worries CNN employees as the company is already seeing a steady loss in viewership."
"At the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, said Netflix co-CEOs Ted Sarandos and Greg Peters in a statement, explaining Netflix's withdrawal from the bidding process for Warner Bros. Discovery properties."
Warner Bros. Discovery's board selected Paramount's $111 billion offer over Netflix's bid, prompting widespread concern among CNN employees about the network's future direction. Staff worry that Paramount's stewardship could compromise CNN's editorial independence, citing concerns about ideological influence and newsroom interference similar to issues at CBS News under Paramount's management. Paramount's appointment of former opinion journalist Bari Weiss to a top editorial role has intensified these anxieties. Analysts suggest Paramount may adjust news offerings to align with political interests, potentially accelerating CNN's existing viewership decline. CNN CEO Mark Thompson issued a memo urging staff to maintain focus on journalism while awaiting clarity on the merger's implications.
#media-merger #editorial-independence #cnn-staff-concerns #paramount-skydance-deal #newsroom-autonomy
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