Paramount’s Warner Bros Discovery bid faces conflict of interest concerns

Experts are worried that Paramount-Skydance might undercut the editorial independence of CNN.

By Andy Hirschfeld and Reuters

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Warner Bros Discovery’s future is in the spotlight amid a hostile bid by Paramount-Skydance to take over the storied media conglomerate that owns CBS, Comedy Central, Nickelodeon and major movie studios, days after it agreed to a deal with streaming giant Netflix.