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Paramount is closer than ever to acquiring CNN parent company Warner Bros. after Netflix declined to raise its bid for the media conglomerate. That's bad news for the failing network's stable of overpaid hacks, many of whom will be first in line for layoffs (or drastic salary reductions) once the acquisition goes through. Not surprisingly, the Trump administration has already signaled its...

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I've worked at corporate places before, and the fear of losing your job due to restructuring or mergers is always something that comes with the territory. I feel for people in those situations because it often doesn't come down to how well you're doing your job; it's sometimes just a question of whether your place in the company is necessary anymore. But with Paramount's acquisition of Warner...

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On Friday, on CNN’s “The Situation Room,” network chief media analyst Brian Stelter discussed Paramount’s acquisition of Warner Bros. Discovery, which includes CNN, HBO and Warner Bros. Pictures. Stelter said, “CNN employees and viewers have real concerns about whether Paramount CEO David Ellison will uphold the editorial independence that CNN is known for. There has been severe political...

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Employees at CNN “have real concerns ”about the network’s future after Paramount won a bidding war for Warner Bros. Discovery, CNN senior media analyst Brian Stelter reported Friday. Netflix ended its efforts to acquire the media conglomerate that owns CNN after Paramount offered $31 a share, which the board of Warner Bros. determined was a superior offer to the $27.75 a share offered by...

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