
CNN: Can’t live with it. Can’t live without it.
I like to say that friends don’t let friends watch cable news. I rarely watch any of the prime-time talk shows on cable — certainly not Fox, but not MS NOW or CNN, either. They all rely on the same formula, which I’d describe as keeping you enraged and upset so that you don’t touch that dial.
On the other hand, I will tune in to CNN when there’s significant breaking news. And I think it’s vitally important that we have news organizations that aren’t totally in thrall to the Trump regime, which is why I’m glad that CNN and MS NOW are there even if I don’t watch them very often.
So I was relieved at the recent announcement that Warner Bros. Discovery would sell itself to Netflix, even though that left the fate of CNN uncertain. And I was horrified when the Trump-friendly Ellison family, the new owners of Paramount, decided to launch a hostile takeover attempt after losing the initial sweepstakes.
How bad is this? Let us count the ways.
► Paramount recently acquired CBS News, and its head, conservative opinion journalist Bari Weiss, is lined up to run CNN as well should the Ellison bid prevail. Not only does that raise ideological concerns, but it also would likely lead to major job cuts as the two operations are consolidated.
► After CBS News’ “60 Minutes” broadcast an interview in which ex-MAGA congresswoman Marjorie Taylor Greene criticized Trump, Paramount executives all but apologized to Trump, reports Charles Gasparino of the New York Post.
► Investors in the Paramount bid include the Saudi, Qatari and United Arab Emirates sovereign wealth funds. As Oliver Darcy of Status News observes, “Most startlingly, Saudi Arabia, which ordered the brutal killing of American journalist Jamal Khashoggi just a few short years ago, would effectively own a slice of one of the world’s leading newsrooms, if Ellison should get his way.
► Another investor in the Paramount quest is Trump’s son-in-law Jared Kushner, by way of his private equity firm, Affinity Partners. Dan Primack writes at Axios, “Paramount is telling WBD shareholders that it has a smoother path to regulatory approval than does Netflix, and Kushner’s involvement only strengthens that case.”
► Trump himself has been lashing out at CNN this week, pushing for a sale and saying he might get involved in any antitrust proceedings over whether the sale of WBD to Netflix would be legal or not, reports NPR’s David Folkenflik. It goes without saying that a sale to Paramount would be just as problematic, but we all know that Trump will use antitrust law to reward his friends and punish his enemies.
We should not be in the position of having to root for Netflix to win the WBD sweepstakes. Giant media monopolies are bad for the economy and bad for democracy. In this case, though, a sale to Netflix would at least give CNN a fighting chance of remaining an independent monitor of power — rather than yet another news outlet that’s sold its soul to the forces of authoritarianism.










