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Warner Bros. Discovery Sold to Paramount
Warner Bros. Discovery Inc. was sold to Paramount Skydance Corp.
David Zaslav, the chief executive, oversaw the sale. CNN, owned by Warner Bros.
Discovery, will be affected by the takeover. CNN anchor Jake Tapper reported on the sale Thursday night. Tapper covered news affecting his own employer.
Klear Note — Warner Bros. Discovery owns CNN and other major media companies. Paramount is another big media company. This sale combines two major entertainment and news businesses.
Key Terms 3
- Warner Bros. Discovery
- Large media company that owns CNN and other entertainment networks
- Paramount Skydance Corp.
- Media company buying Warner Bros. Discovery in this deal
- David Zaslav
- Chief executive officer who led the sale of Warner Bros. Discovery