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Paramount Offers CNN to Win Approval | Durham News
Paramount’s bold move to offer CNN as a bargaining chip in its $110 billion Warner Bros. Discovery merger is sending shockwaves through media and regulatory circles, as California and eleven other states sue to block the deal—claiming it threatens competition and raises prices. While not finalized, selling CNN directly tackles fears of monopolizing news outlets like CBS News and HBO, while also showcasing safeguards to protect CNN’s journalism if the merger proceeds. With federal regulators already greenlighting the deal, this state-level legal battle—scheduled for March 2027—is now the…
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