As Paramount nears completion of its $111 billion acquisition of Warner Bros. Discovery, CNN staff are reportedly wary that David Ellison may place Bari Weiss in an oversight role at the network. Weiss, who previously overhauled CBS News after Ellison appointed her following his Skydance-Paramount deal, has sparked internal controversy and terminations at 60 Minutes. The report also highlights concerns over Ellison's closeness to President Trump and uncertainty about current CNN chief Mark Thompson's future.
If Ellison assigns Weiss oversight of CNN, the network could face the same kind of leadership upheaval that has roiled CBS News — where her tenure has already produced mass terminations at 60 Minutes and a public confrontation with Scott Pelley. The prospect adds another layer of uncertainty for a CNN newsroom already anxious about Ellison's closeness to President Trump and his public but vague promises about editorial independence. Watch whether Mark Thompson's refusal to share oversight becomes a resignation trigger once the deal formally closes.
The regulatory path for the Paramount-WBD deal is nearly clear. The U.S. Justice Department's Antitrust Division signed off on the merger on June 12, 2026, finding no harm to competition, per CNBC. The European Commission is expected to approve the deal by July 7, though Paramount may need to exit its international distribution joint venture with Universal Pictures, per the Financial Times (reported by Variety, June 2026). The U.K. Competition and Markets Authority has also opened a merger inquiry. Separately, three Democratic senators — Cory Booker, Elizabeth Warren, and Adam Schiff — sent a letter to FCC Chairman Brendan Carr on June 18 urging the commission to block the deal from closing until a national security review of the deal's foreign investors concludes, per Variety (June 2026). The merged entity would be 49.5% owned by foreign investors, including sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi.
The contours of Weiss's editorial vision are visible in her CBS News tenure. At a CBS News town hall earlier this year, Weiss said 'CBS News is still in a linear mentality and we need to shift to a streaming mentality immediately,' per Business Insider (June 2026). She and new 60 Minutes executive producer Nick Bilton have framed their overhaul as building for a digital-first audience, with Bilton telling CNN (May 2026) that the show will expand beyond the Sunday broadcast. CNN's own reporting (February 2026) noted that Paramount executives have privately discussed combining CBS News with CNN, though the CBS workforce's heavy unionization and CNN's non-unionized staff complicate integration.
The political dimension looms large. The Wall Street Journal reported in December 2025 that Ellison offered assurances to Trump administration officials he would make sweeping changes to CNN, a frequent target of the president's criticism, per CNN (February 2026). Ellison spent $150 million to acquire The Free Press and install Weiss at CBS News, per CNN (February 2026). At CBS, former conservative think tank head Kenneth Weinstein was hired as an ombudsman to handle coverage complaints, per Deadline (February 2026). CNN is on track to generate roughly $600 million in operating profit this year, down from a peak above $1 billion, according to WBD figures cited by CNN (February 2026).
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