David Ellison Says Lawsuit Is About CNN
Summary
David Ellison, CEO of Paramount, has responded to an antitrust lawsuit filed by 12 state attorneys general and the Writers Guild of America, which seeks to block his pending $110 billion merger with Warner Bros. Discovery. Ellison argues that the lawsuit is not actually about antitrust concerns but is instead politically driven and specifically aimed at CNN. He stated, "I believe that anyone who oversees a news organization — I am chief executive of Paramount, which owns CBS — shouldn’t put a finger on the scale, especially on matters involving his own company."
(Source:Political Wire)