Paramount's legal officer indicated that the company is contemplating the sale of CNN. This statement comes as 12 states, led by California, have filed a lawsuit aimed at blocking the merger between Paramount and Warner Bros. Discovery (WBD).
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Paramount Considers CNN Sale Amid Antitrust Lawsuit
Paramount's legal officer has suggested that the company may sell CNN in light of an antitrust lawsuit filed by 12 states, including California, to prevent its merger with Warner Bros. Discovery. The legal challenges highlight ongoing regulatory scrutiny in the media industry.
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Paramount Skydance mulls CNN sale amid antitrust merger challenge
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Paramount Considers CNN Sale Amid Antitrust Lawsuit