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Stock impact report

CNN boss Mark Thompson insists he ‘really committed' to network amid looming ownership changes [FOX News]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: FOX News
CNN CEO Mark Thompson insisted on Wednesday that he's committed to the network despite a looming ownership change that has employees concerned for their future. Netflix dropped its bid to buy Warner Bros. Discovery last month after the company announced Paramount's latest bid to buy all of its assets, including CNN, was "superior." The sale to Paramount would put media mogul David Ellison — who has a close relationship with President Donald Trump and has angered liberals for installing Bari Weiss as editor-in-chief of CBS News — in charge of CNN. As a result, CNN staffers have been on edge about what the future holds for the struggling network, but Thomspon suggested he plans to stick around to find out. "I'm really committed to CNN," Thompson said in a Zoom meeting with international staffers, a network insider told Fox News Digital "I'm in the middle of something exciting and interesting with all of you," he continued. "And I'd like to continue it." The Status newsletter, w Show less Read more
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