CNN Goes Full CBS - The Damage Report

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The Trump Justice Department approved Paramount Skydance’s controversial acquisition of Warner Bros. Discovery, including CNN, but reports raise questions over whether the deal was rushed and whether career officials’ concerns were ignored. Yasmin Khan and Tehran Von Ghasri break it down on The Damage Report. - 06/19/2026


Read more here: https://www.rawstory.com/paramount-warner/

"President Donald Trump's Justice Department gave the green light last week to a controversial mega-acquisition of Warner Bros. Discovery, which includes CNN, by Paramount Skydance, a media giant with a Trump-friendly CEO. But reports suggest they may have rushed the process and ignored the opinions of career officials.

According to the Wall Street Journal, "A team of career lawyers who had spent months scrutinizing the deal was leaning toward recommending a lawsuit challenging it on the grounds that the combination of the two movie studios would be anticompetitive and violate antitrust law, the people said."

However, ultimately the DOJ told this team they were closing the investigation before they had formally made a decision, and announced publicly it was their opinion the merger wouldn't pose a threat to competition."