Warner Brothers Discovery is looking to sell CNN...with offers being presented from Netflix and Paramount. Paramount has increased their offer to Warner Brothers...offering $78 billion for CNN and other assets. However...executives at Warner Brothers are worried that CNN employees will quit...if CNN is purchased by Paramount.
We discuss the potential merger between CBS and CNN. We explain why mass layoffs could happen at CNN if they're purchased by Paramount...with Paramount promising investors an immediate $6 billion in savings. We also explain why a merger with CBS...could be the only way to save CNN.
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