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It's official: CNN has a new boss as Paramount and Warner Bros. complete blockbuster merger
The banners were already changed on Tuesday morning when Skydance's Paramount completed its massive merger with Warner Bros.
Skydance proudly lists on its website that its newly acquired brands include CBS News, HBO, and, of course, CNN.
CNN's crew seemingly fears that Bari Weiss — whom Paramount appointed as CBS News editor in chief in 2025 — will be given similar powers to oversee CNN.
The massive $110 billion takeover seemed like it might never happen, even amid claims that Skydance and CEO David Ellison were open to moving their $30 billion in operations out of state if California blocked the deal.
On Tuesday morning, though, the Skydance-Paramount vs. Warner Bros.-Discovery era quickly came to an end, re-emerging as "Skydance," per the AP.
The merger means the company controls brands like BET, MTV, HBO Max, Comedy Central, and more, all under the same banner.
This will, of course, include popular news programs like "60 Minutes" from CBS, "Anderson Cooper 360" on CNN, and "The Daily Show" from Comedy Central.
Much of the trepidation ahead of the merger has come from CNN, where staffers reportedly fear "programming and personnel changes could be driven by politics."
RELATED: Mood at CNN is 'like a funeral' over looming Paramount takeover
CNN chief media analyst Brian Stelter did not dispute those claims in an interview with the Wrap, but said journalists "value stability just like people in every other line of work."
A CNN staffer told Variety that it would be "an enormous loss and disruption" to "shuffle leadership for the umpteenth time in the midst — finally — of reshaping the business."
Another CNN staffer said that there was a strong concern that Paramount executives "don't know or don't care" about managing a news corporation for profit, the outlet reported.
"I don't have glimmers of hope and don't see reasons for any," the staffer said, according to Variety.
CNN's crew seemingly fears that Bari Weiss — whom Paramount appointed as CBS News editor in chief in 2025 — will be given similar powers to oversee CNN. Weiss is seen as too conservative for left-wing outlets, as she has criticized the Women's March, questioned the idea that America is fascist, and is pro-Israel.
RELATED: Another $30 billion could leave California as state stands in the way of a massive corporate merger
In a press release, Ellison called the merger "a historic day, not just for Skydance but for our entire industry."
"Our focus now turns to the future: building a company that empowers creatives, entertains audiences, and rewards shareholders," he went on.
Last week, Ellison commented that Paramount and Warner Bros. coming together wasn't a "rewriting" of history, but rather gives the studios "a more powerful engine."
"We have big goals for Skydance, and we intend to pursue them with passion, imagination, and a willingness to take smart risks," Ellison added.
To help control all of their new, major entities, Ellison recently announced Ynon Kreiz as his co-CEO.
Kreiz, who was born and raised in Israel, left his post as chairman and CEO of Mattel after eight years to fulfill the new role. He was also the chairman and CEO of Fox Kids Europe from 1997 to 2002.
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Mood at CNN is 'like a funeral' over looming Paramount takeover
CNN staffers are reportedly fearful of what may happen after Paramount Skydance merges with Warner Bros., the parent company of the cable news network.
A Variety report detailed how CNN appeared to be on the upswing in profit and viewership in recent years, but all that progress may end after the takeover.
'What an enormous loss and disruption it would be to shuffle leadership for the umpteenth time in the midst — finally — of reshaping the business.'
One staffer told the outlet that the mood is "like a funeral" at CNN offices.
CNN CEO and Chairman Mark Thompson offered few details to staffers on Monday about the consequences of the takeover.
"Over the coming days you’ll hear much more about what this means for CNN, including the date of the close," he said.
The fear comes from changes at CBS News after Paramount Skydance hired Bari Weiss to lead the news outlet. Weiss was the founder of the Free Press, and many on the left accuse her of toeing the line for the Trump administration.
Many believe Paramount will order the same rightward lurch at CNN.
"What an enormous loss and disruption it would be to shuffle leadership for the umpteenth time in the midst — finally — of reshaping the business," said a CNN staffer to Variety.
Former CNN host Jim Acosta also saw the acquisition as a threat.
"This merger is terrible news for America. Paramount should not own both CBS News and CNN," he wrote on social media. "If [Larry and David Ellison] do little more than pinky swear they won’t bother CNN, don’t believe it. Once they acquire the network, they’ll do Trump’s bidding."
RELATED: Furious liberals blame Bari Weiss takeover at CBS after Democrat leader fumbles question
Others predicted that layoffs were coming for the CNN staffers.
"A much bigger threat to CNN is not Donald Trump. It's Paramount, which just bought CNN," wrote Steve Gruber, a conservative show host. "Very conservative, Larry Ellison. I think that's a bigger concern for CNN because the layoffs, my friends, are coming."
In response to a July lawsuit, a Paramount spokesperson said in part: "As we’ve said consistently: no commitments from either David or Larry Ellison have been made to any government body, state AG, or federal agency regarding the future of CNN or any other news property, other than the goal to deliver truth-based journalism."
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