Paramount Skydance weighs CNN sale, aiming to clear $110B Warner merger

Paramount Skydance Corp is considering a sale of CNN to resolve antitrust concerns.

The move aims to salvage the company's proposed $110 billion acquisition of Warner Bros. Discovery.

California’s Attorney General led a lawsuit alleging the merger would harm competition and raise consumer prices for cable and streaming.

While international regulators have already cleared the deal, U.S. approval remains the final hurdle.

Divesting the news network has emerged as the primary strategy to secure domestic clearance for the media consolidation.