David Ellison Advocates for CEO Mark Thompson’s Continuation at CNN After Paramount-Warner Bros. Discovery Deal Closes

David Ellison, the CEO of Paramount, has expressed interest in retaining Mark Thompson as the head of CNN following the anticipated closure of the Warner Bros. Discovery deal. This development is viewed as a move to alleviate some uncertainties regarding the network’s leadership during this transitional phase under its new ownership.

Discussions between Ellison and Thompson are reportedly in the preliminary stages, according to sources familiar with the situation. A media source initially highlighted Ellison’s intention to keep Thompson in his position, a role he assumed in 2023. Since his appointment, Thompson has been focused on merging CNN’s linear and digital operations while also launching CNN’s All Access subscription and streaming service, which aim to expand the network’s digital footprint amidst an evolving media landscape.

Under Thompson’s leadership, CNN has maintained its assertive reporting stance, particularly concerning the Trump administration. The network has taken legal action against the administration after being barred, along with two other media outlets, from accessing the White House grounds. Moreover, CNN has publicly defended its journalists, including Chief White House Correspondent Kaitlan Collins, against criticisms from the former president.

Thompson has an extensive background in media management, having previously served as the president and CEO of The New York Times Company from 2012 to 2020, and as director-general of the BBC for eight years. His experience in these prominent roles positions him as a seasoned leader in navigating the complexities of modern journalism and media management.

While there are ongoing discussions about leadership and strategy, it has been reported by a media source that Bari Weiss, the editor in chief of CBS News, is not expected to assume a role at CNN post-merger. Speculation among some employees of the network suggested that Weiss could take on additional responsibilities following the deal, as CBS News and CNN will effectively operate as sister networks.

Financial projections indicate that CNN is anticipated to generate .8 billion in revenue for the 2026 fiscal year, yielding an estimated profit of 0 million. By 2030, the network’s revenues are expected to increase to .2 billion with a profit margin of 0 million, illustrating its significant standing within the media industry.

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