Acquiring Company
Paramount-Skydance
Acquired Company
CNN
PyrmontMedia And EntertainmentMusicFilmFilm ProductionDescription
CNN has been acquired by Paramount Skydance in an $81 billion merger. Mark Thompson will continue as chairman and editor-in-chief, reporting to Ellison, the CEO of the combined entity. The merger is expected to enhance news operations while maintaining editorial independence.
Fundz sees it the moment Paramount-Skydance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired CNN?
CNN was acquired by Paramount-Skydance, based in Pyrmont. The deal was reported on October 5, 2026. Paramount-Skydance is a leading entertainment company involved in film and television production. They have a rich history of producing blockbuster movies and acclaimed television series. Paramount-Skydance is publicly traded (PSKY) and operates in Media And Entertainment.
When did Paramount-Skydance acquire CNN?
Paramount-Skydance's acquisition of CNN was reported on October 5, 2026. CNN has been acquired by Paramount Skydance in an $81 billion merger. Mark Thompson will continue as chairman and editor-in-chief, reporting to Ellison, the CEO of the combined entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CNN do?
View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com. It is privately held.
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