Skydance Announces Leadership Team, CNN and CBS Chiefs to Stay On

ロイター··US·Read original
2▲0 ▼0Impact / 5
Summary · why it matters

Paramount Skydance, the major US media company, announced on the 5th the leadership team of Skydance, the new company that will be formed once its acquisition of Warner Bros. Discovery is completed. According to the announcement, Mark Thompson, chief executive officer of CNN, the news network under WBD, will stay on as chairman and editor-in-chief of CNN. Bari Weiss, editor-in-chief of CBS News, which is under Paramount, will also remain in her current role. Both Thompson and Weiss will report directly to chairman and CEO David Ellison and co-CEO Jon Klaise. As a result, CNN and CBS are expected to each maintain independent editorial structures, easing concerns that Weiss of CBS would take control of all news divisions at the new company. In a memo to staff obtained by Reuters, Thompson said he would lead CNN as an independent editor-in-chief with the same responsibilities and authority as now. Andy Gordon, chief operating officer of Paramount, will become president of the new company.

Impact on assets 2

Communication Services▲ · 2 stocks
Warner Bros Discovery Inc
WBD
± MixedCapitalrelevance

The leadership announcement concerns the company to be formed once Paramount Skydance's acquisition of Warner Bros. Discovery completes, with CNN's Mark Thompson staying on.

Off-coverage companies 2

CBSPrivate▲ Positive
Capitalrelevance

CBS News editor-in-chief Bari Weiss will remain in her role, and CBS is expected to maintain an independent editorial structure.

CNNPrivate▲ Positive
Capitalrelevance

CNN CEO Mark Thompson will stay on as chairman and editor-in-chief, keeping CNN's independent editorial structure under the new company.

© 2026 MarketIVNews