00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Paramount has discussed creating an editorial board for CNN and other safeguards aimed at
00:07addressing concerns about the news operation's independence, according to the Wall Street Journal.
00:11The discussions come as the company works toward closing its $81 billion acquisition
00:16of Warner Brothers Discovery. The discussions began before California and 11 other states
00:20filed an antitrust lawsuit that has put the deal on hold ahead of a March trial.
00:25Paramount said it remains open to internal changes that could strengthen journalistic
00:29integrity. Concerns about political influence have followed the company since its $16 million
00:33settlement with Trump over a 60 Minutes interview and subsequent leadership changes at CBS News.
00:40Paramount said the Warner deal would strengthen its ability to compete with larger media and
00:44technology companies. For all things money, visit Benzinga.com.
Comments