UPDATE with Paramount statement: Paramount is pushing back on a recently filed shareholder lawsuit, saying it “recycles allegations that have already been reported and already addressed.”
“As we’ve said consistently: no commitments from either David or Larry Ellison have been made to any government body, State AG, or federal agency regarding the future of CNN or any other news property, other than the goal to deliver truth-based journalism,” said a spokesperson for the company Wednesday.
“Further, as we communicated in summer 2025 regarding the Skydance-Paramount transaction: ‘As with any transaction that requires regulatory approval, Skydance executives and its representatives
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