PSKY-WBD Merger Gets Messier: CNN Sale Rumors Spark Retail Debate On Ellison’s ‘Nuclear Option’
Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) face renewed uncertainty over their roughly $110 billion merger as rumors about a potential CNN sale conflict with statements from media insiders. Paramount’s legal chief said the company could consider options amid an antitrust challenge. PSKY shares rose 0.4% overnight; PSKY is down 25% YTD and WBD down over 3%.




