THE CRITICAL DRINKER: Paramount Wins — This Is HUGE.
Related: CNN Anxiety Mounts as Paramount Nears Control: ‘People Think It Could Be the End.’
When CNN anchor Jake Tapper broke into coverage on Thursday evening with a major Warner Bros. Discovery sale update, he remarked that the news “affects everybody I’m looking at right now in the studio.”
Anxiety is high inside CNN, as staffers grapple with the growing likelihood that Paramount’s David Ellison — who appointed Free Press cofounder Bari Weiss to reshape CBS News and has recalled having “great conversations” with President Donald Trump about acquiring CNN parent Warner Bros. Discovery — could ultimately take control of the cable news channel.
“It’s concerning,” one CNN staffer told TheWrap, noting how Ellison posed days earlier alongside Republican Sen. Lindsey Graham, each giving a thumbs up before attending the State of the Union together. The unease comes alongside reporting that David Ellison has promised the White House changes to CNN, while his father, Oracle co-founder Larry Ellison, has talked about the possibility of axing specific hosts.
While CNN may not be the most coveted property in the WBD stable — rival suitor Netflix only desired HBO and the studio assets — it is the most politically radioactive. Trump has bristled at CNN’s coverage for years, blasting stars like Jim Acosta during his first term and Kaitlan Collins in the second. He made clear in December that the news channel, rather than TNT or the Food Network, was front of mind in the WBD sale saga, declaring that “it’s imperative that CNN be sold” and placed under new management.
“People think it could be the end of CNN,” a second staffer told TheWrap. “ As much as people say that’s not possible, what’s to say that’s not possible?”
The fallout from the New York Times’ 2020 struggle session over Tom Cotton’s op-ed continues to be massive. I hope it was worth it back then for all concerned.