David Ellison Nears $111 Billion CNN Parent Deal as Newsroom Fears Bari Weiss Oversight
Updated
Updated · The New York Times · Jun 27
David Ellison Nears $111 Billion CNN Parent Deal as Newsroom Fears Bari Weiss Oversight
1 articles · Updated · The New York Times · Jun 27
Summary
$111 billion is the price tag on David Ellison’s expected purchase of CNN’s parent company, a deal that could close as soon as next month and place CNN alongside CBS News.
CNN journalists are bracing for a major overhaul because Ellison has not outlined his plans and is weighing whether to give Bari Weiss oversight of the network, according to people familiar with the discussions.
Weiss has already reshaped CBS News since taking over in October, recently firing the leadership of “60 Minutes” and facing accusations from dismissed correspondents of editorial interference, which she has denied.
The prospect has heightened anxiety inside CNN, where staff also worry about Ellison’s perceived closeness to President Trump as the network prepares for what many see as its most dramatic ownership shift in decades.