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Paramount weighs CNN divestment as merger talks face antitrust pressure

Paramount Skydance is weighing a possible divestment of CNN as part of talks with the coalition of US states challenging its $110bn merger with Warner Bros. Discovery. The option has been raised during settlement discussions, with regulators signalling that structural concessions may be required before the deal can advance.

Chief legal officer Makan Delrahim has indicated that all remedies are being examined, including a potential sale of CNN. Paramount is not running an active sale process, but the network’s inclusion in negotiations reflects the scale of regulatory pushback.

The multistate lawsuit remains the final major hurdle after clearances from federal and international regulators. Any divestment proposal would need approval from both companies before the merger can move forward.