Acquiring Company
Paramount Skydance
Acquired Company
CNN
Los AngelesMedia And EntertainmentDescription
Paramount Skydance has completed an $81 billion merger with CNN, prompting key leadership changes at the news network. Mark Thompson will remain as chairman and editor-in-chief, reporting to Skydance's chairman David Ellison. The merger is set to instill independent editorial oversight amid antitrust concerns.
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.
Frequently asked
Who acquired CNN?
CNN was acquired by Paramount Skydance, based in Los Angeles. The deal was reported on October 5, 2026. Paramount Skydance is a leading media company formed through the merger of Paramount and Skydance. It aims to innovate and excel in storytelling across various platforms. Paramount Skydance is privately held and operates in Media And Entertainment.
When did Paramount Skydance acquire CNN?
Paramount Skydance's acquisition of CNN was reported on October 5, 2026. Paramount Skydance has completed an $81 billion merger with CNN, prompting key leadership changes at the news network. Mark Thompson will remain as chairman and editor-in-chief, reporting to Skydance's chairman David Ellison. 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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