| Matt Rourke Bari Weiss was coy when the news broke Thursday that Netflix had withdrawn from its planned acquisition of Warner Bros., leaving the path open for Paramount Skydance to acquire the company.

Viewers and readers of CNN might be wondering the same thing that CNN employees are asking right now: What will Paramount’s ownership mean?

Learn more about Paramount's planned acquisition of Warner Bros. Discovery — a historic Hollywood megadeal valued at $111 billion — as it continues to develop.

After already buying CBS News, Paramount could soon own CNN. The ramifications of one company owning two news networks have some concerned.

Fears are running high among staffers at CNN, according to three people familiar with the network, after parent Warner Bros. Discovery reversed a decision to sell its streaming and studio assets to Netflix and instead packaged the whole company for Paramount Skydance.

Larry and David Ellison of Paramount Skydance are poised to control a behemoth media empire if their winning bid for Warner Bros. Discovery gains regulatory approval – adding HBO, CNN and thousands of movie titles to Paramount,

The Ellisons and their team began plotting their comeback in December, the morning after Netflix clinched its deal to buy Warner Bros.

The nearly $111 billion marriage would unite Paramount and Warner film studios, streamers and television properties — including CNN — under the control of the wealthy Ellison family.

Sen. Chris Murphy (D-CT) weighed in on Paramount’s apparent victory in the battle for Warner Bros., adding to a chorus of Democrats who are vowing investigations and other actions if they return to