David Ellison Will Get Control of CNN After All
And don’t pretend an “independent editorial board” will mean otherwise
David Ellison, a Hollywood producer, is on the verge of gaining control over CNN, a major American news outlet, through a deal with Paramount. This comes after a prolonged negotiation process, which involved concessions to ensure the editorial independence of CNN and CBS News. The deal faces antitrust concerns from several state attorneys general, but these have now been addressed.
In exchange for the deal, Paramount has committed to establishing a board of journalists, distributing 30 movies in theaters every year, and spending an additional $1.5 billion on film production over the next five years. While CNN will be under the control of a major Trump ally, the board of journalists appointed will aim to ensure the outlet's editorial independence.
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