Story perspectives

Jane Fonda Slams Paramount's CNN Merger at Oscars

3/17/2026

Summary

Story summary

Jane Fonda opposed Paramount's acquisition of Cable News Network (CNN)'s parent company at Vanity Fair's Oscars party.
She cited job losses and greater political influence over CNN.
Fonda linked ties with U.S. President Donald Trump and warned earlier bids would be problematic.
She warned the merger would harm workers and the media landscape, saying, "We’re gonna have higher prices."

History

Historical Context

The Telecommunications Act of 1996, signed by President Bill Clinton, aimed to foster competition in the telecommunications industry and deregulated media ownership. This led to significant mergers, including Viacom's acquisition of multiple outlets, resulting in over 100,000 job losses. Jane Fonda's opposition to these consolidations reflects ongoing concerns about media diversity and the potential for increased corporate influence on journalism.

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Story summary

Jane Fonda opposed Paramount's acquisition of Cable News Network (CNN)'s parent company at Vanity Fair's Oscars party.
She cited job losses and greater political influence over CNN.
Fonda linked ties with U.S. President Donald Trump and warned earlier bids would be problematic.
She warned the merger would harm workers and the media landscape, saying, "We’re gonna have higher prices."

1 / 2