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0 0.00110660272961998 0.00069715971966059 0.000737735153080028 0.000737735153080028 0.000184433788269974 -0.00036886757654008 -0.000232386573220328
Stock impact report

Hegseth says he's eager for Ellison to take over CNN, fueling anxieties over changes at cable network [Los Angeles Times (CA)]

Warner Bros. Discovery, Inc. - Series A (WBD) 
“The sooner David Ellison takes over that network the better,” Hegseth said during a morning briefing. Hegseth's invoking the name of the Paramount Skydance chief executive — whose company will take control of CNN once its deal to merge with Warner Bros. Discovery is finalized — amplified the fear many have that the cable news channel will seek to appease the Trump administration. The typically combative Hegseth made the remarks after blasting CNN's reporting on the U.S. military action in Iran. CNN said the Trump administration underestimated the impact its attack would have on the Strait of Hormuz, echoing the claims of other media outlets. Oil tankers have been unable to get through the passage due to attacks by Iranian drones, escalating gas prices as a result. “CNN doesn't think we thought of that,” Hegseth said. “It's a fundamentally unserious report.” Paramount declined comment on the remarks by Hegseth, a former Fox News host who has a lot of experience in bashing the Show less Read more
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