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What corporate ownership change affected CNN in 2026?

On October 6, 2026, Paramount Skydance acquired Warner Bros. Discovery in a deal valued at $81 billion. Because CNN had been part of Warner Bros. Discovery, the acquisition put CNN and CBS News under shared corporate ownership. Regulators and unions raised concerns about editorial independence and possible job losses. Skydance responded by creating a board of journalists intended to protect the independence of the two news operations.