Paramount-Skydance mulls CNN sale amid antitrust challenge to WBD merger

Paramount's legal officer has hinted at a possible sale of CNN amid an antitrust lawsuit filed by 12 states, led by California, seeking to block its merger with Warner Bros. Discovery. The Paramount-Skydance deal faces mounting legal pressure, and selling CNN is being considered as a possible remedy. A CNN sale would rank among the largest deals in the news media industry in recent years.