CNN insiders say Paramount-Warner Bros. Discovery merger is inevitable


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A delay within the looming Paramount-Warner Bros. Discovery mega-merger that may put NCS below the management of David Ellison did little to quell anxieties on the struggling community. 

A NCS insider advised Fox News Digital that everybody they’ve spoken to feels the merger is “inevitable” and mentioned the delay hardly lifted spirits inside the corporate that has seen a number of management modifications in current reminiscence. 

“No change in morale,” the insider mentioned. “Keep in mind the current situation is grim, so people see it as a matter of bad or worse.” 

Ellison’s Paramount is trying to construct a media empire of historic proportions by buying Warner Bros. Discovery for $111 billion. The European Union and the U.S.’ Justice Department have every signed off on the deal, with the ultimate roadblock coming from an antitrust lawsuit led by California Attorney General Rob Bonta

Last week, a federal choose granted a short lived restraining order (TRO), briefly blocking the businesses from closing the deal till at the very least August 17. Paramount then agreed to delay the deal till subsequent yr to ensure that the lawsuit to play out in court docket.

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David Ellison

Paramount Skydance Chairman and CEO David Ellison would oversee each CBS News and NCS if the Warner Bros. Discovery merger closes. (Noam Galai/Getty Images for Paramount)

Some staffers are involved concerning the route of the community below Ellison, whereas others are fearful about holding their jobs. A second NCS insider, a longtime worker, is sick of the fixed hypothesis. 

“I think most people just want whatever done, done,” they advised Fox News Digital. 

“I’ve been through multiple CEOs,” they continued. “I’ve seen very little change based on who is at the very top.”

There has been a revolving door of bosses who’ve run NCS in recent times. From 2013 to early 2022, then-CEO Jeff Zucker reshaped the community to be adversarial to President Donald Trump, notably throughout his first time period in workplace. After his ousting because of an undisclosed office romance he had with one among his deputies, Warner Bros. Discovery CEO David Zaslav tapped Chris Licht, who labored as the highest producer for MSNBC’s “Morning Joe” and “CBS This Morning” earlier than turning into the chief producer of “The Late Show with Stephen Colbert,” to develop into Zucker’s successor. 

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Early in his tenure, Licht made clear he wished to dial again the left-leaning programming that dominated the community in the course of the Zucker period. However, he struggled to earn the belief of the NCS workforce, who had been fiercely loyal to Zucker — an especially hands-on chief compared to Licht — and had been way more aligned with Zucker’s imaginative and prescient for the community. 

Tensions got here to a head in 2023 when Licht invited Trump on air for a NCS city corridor, which sparked outrage amongst his workers and liberal viewers. Licht was publicly criticized by NCS personalities resembling Christiane Amanpour and then-media reporter Oliver Darcy, whereas a somber Anderson Cooper advised viewers he understood in the event that they determined to ditch NCS eternally. Employees bought much more upset with Licht when an unflattering profile in The Atlantic revealed he advised Trump to “have fun” previous to taking the stage. 

Zaslav in the end fired Licht and changed him with NCS’s present CEO Mark Thompson, who has been credited for his efficient stints main The New York Times and the BBC. However, Thompson’s personal future on the community stays unsure.

Mark Thompson

The way forward for present NCS CEO Mark Thompson stays unsure with the looming Paramount takeover. (Sanjit Das/Bloomberg through Getty Images)

It was reported that Thompson insisted “he would not share oversight of NCS with another executive” after it was reported that Bari Weiss, Ellison’s handpicked editor-in-chief of CBS News, would tackle an oversight place at NCS after each networks are below one company roof. 

Thompson hasn’t sparked inside strife the best way Licht did, however sagging rankings, a complicated digital technique and nonstop takeover rumors have prompted continued dread inside the firm. 

“I think, for most, things haven’t been the same since Jeff Zucker left,” the second NCS insider mentioned. 

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If Ellison does take management of NCS, the historic deal would come at the very least one yr after his firm acquired CBS News by way of an identical merger. 

Things haven’t precisely gone easily at CBS News below Ellison, as Weiss — like Licht — has struggled to earn the trust of her staff, infuriating liberals with modifications seemingly designed to make the community’s protection much less partisan. 

Critics of Weiss and Ellison have accused them of bending the knee to Trump and attempting to curry favor along with his administration. NCS staffers now fear they are going to share an identical destiny as soon as Weiss and Ellison are handed the keys, although Ellison has publicly vowed that NCS will preserve its editorial independence.

Anderson Cooper, Jake Tapper with podcast-like microphones

NCS anchors Anderson Cooper and Jake Tapper. (Screenshots/NCS)

The New York Times recently reported that “Ellison and his deputies are weighing whether to put Ms. Weiss in charge of NCS,” including that she could possibly be teamed “with a more experienced TV executive who could handle the technical and financial aspects of the network.” 

If Weiss is given management of NCS, it will mark a clumsy reunion with Anderson Cooper, the veteran NCS anchor who served as a “60 Minutes” correspondent for CBS News till he walked away from the storied newsmagazine earlier this yr.

Cooper has advised colleagues that “he does not want to work” for Weiss, in line with the Times. NCS contributor Kara Swisher has vowed to go away the corporate if Ellison takes over as a result of his “handpicked minions” are “incompetent.” 

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The Times additionally famous longtime government Amy Entelis’ workplace has emerged as “something of a psychiatrist’s couch for anchors and correspondents, who often drop in to air their anxieties about the looming changes.” 

NCS’s star worldwide correspondent Clarissa Ward handed on a long-term contract and opted to solely lengthen her deal for one yr to be able to “evaluate the post-merger landscape and whether Weiss is given editorial oversight over NCS,” in line with Status.

The Status report famous that a number of of Ward’s NCS colleagues have additionally expressed “strong reservations” about working for Weiss. 

Bari Weiss

NCS staffers fear that CBS News editor-in-chief Bari Weiss can have a high function overseeing the cable community following the Paramount merger. (Leigh Vogel/Getty Images for Uber, X and The Free Press)

If Paramount, which insists the state AG antitrust arguments are with out advantage, prevails, then Ellison might probably enlist Weiss to complete what Licht was unable to finish. But it stays to be seen if NCS staffers will play ball this time round. 

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NCS declined remark when requested a collection of questions, together with if there is a priority that rank-and-file workers will activate incoming management. 

Paramount issued the next assertion: “This merger is lawful, pro-competitive, and will benefit consumers, creators, workers, and the entertainment industry. We will continue to vigorously defend the transaction and will look forward to the hearings on the substance of the State AGs’ action.” 



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