In a guest essay for The New York Times published on Tuesday, David Ellison, the CEO of Paramount, addressed the growing opposition to the company’s proposed merger with warner bros. Discovery. Ellison argued that the primary concern is not about market share but about trust in his stewardship of CNN.
The $110 billion merger is currently on hold pending the outcome of an antitrust lawsuit filed by 12 state attorneys general and the Writers Guild of America. Ellison contends that the root of the opposition lies in questions about his political views, loyalties, and intentions regarding CNN’s editorial independence.
Ellison’s Commitment to CNN’s Independence
Ellison emphasized that he does not intend to influence CNN’s news operations to align with his personal views. He stated, “I do not aspire to lead these companies to bend their newsrooms to my views. I believe that news should be based on facts and truth.” He also highlighted his bipartisan voting history and the diversity of his political views, comparing them to those of most Americans.
Ellison’s control of CBS News, following the merger of Skydance with Paramount Global last year, has been controversial. Paramount recently settled a lawsuit with the Trump administration for $16 million over the editing and promotion of a 60 Minutes interview. Additionally, the overhaul of 60 Minutes which saw most of its correspondents depart amid allegations of meddling by Editor-in-Chief Bari Weiss, has added to the controversy.
Restoring Trust in News Media
Ellison acknowledged the diminishing public trust in news media, citing a Gallup poll that found only 28% of Americans trust the news. He asserted that restoring trust would be a core mission if he oversees CNN. “Trust can’t be argued back, but it can be earned back – story by story, day by day,” he wrote.
Ellison argued that in an era of machine-generated content and sensationalism, journalism from real reporters is more crucial than ever. He pledged to support such journalism patiently and for the long term.
Legal Battle Over Merger Timeline
Paramount has proposed a November 4, 2026 trial date for the antitrust lawsuit, while the state attorneys general and the WGA have requested an start. The federal judge, Araceli Martinez-Olguin, will ultimately decide the trial schedule.
Paramount argues that a November trial date is sufficient for both sides to prepare, while the state AGs and WGA contend that more time is needed for extensive discovery. The trial’s outcome will significantly impact the merger’s timeline and the future of the combined entity.
California Attorney General Rob Bonta, leading the lawsuit, emphasized the importance of a thorough review to protect consumers and preserve competition in the film and television industry. The legal battle continues as both sides await the judge’s decision on the trial date.
