Connecticut AG Says State Wanted Paramount to Sell CNN, CBS News
William Tong shares Connecticut unsuccessfully pushed for full divestiture as part of the $110 billion Warner Bros. Discovery deal The post Connecticut AG Says State Wanted Paramount to Sell CNN, CBS News appeared first on TheWrap .
Connecticut Attorney General William Tong announced on Monday that his state had demanded that Paramount fully divest CNN and CBS News as part of negotiations over the $110 billion acquisition of Warner Bros. Discovery. Tong stated, "Connecticut wanted and demanded full divestiture of CNN and CBS News. We fought aggressively for that remedy."
However, Paramount reached a settlement with Connecticut, California, and 10 other states on Monday that allows the company to keep both news organizations while establishing an independent editorial board to protect their editorial independence. This settlement clears the final major legal hurdle for the merger, which is expected to close in about two weeks.
Tong emphasized that Connecticut had pushed for stronger protections during the negotiations, tying the urgency to President Donald Trump's decision to bar journalists from CNN, MSNBC, and Politico from the White House. The move to block these outlets from the White House became a critical issue for Connecticut after Trump's ban.
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