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Paramount Skydance Eyes CNN Sale to Fight Antitrust Suit

8/13/2026

Summary

Story summary

Paramount Skydance chief legal officer Makan Delrahim said a possible CNN sale is on the table to address California’s antitrust suit.
He made the remarks at Politico’s California Agenda conference on August 12, 2026.
Delrahim said Paramount Skydance may consider moving its headquarters out of California, the first public acknowledgment of such a plan.
The California suit challenges the legality of Paramount Skydance’s $110 billion Warner Bros. Discovery acquisition.

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Story summary

Paramount Skydance chief legal officer Makan Delrahim said a possible CNN sale is on the table to address California’s antitrust suit.
He made the remarks at Politico’s California Agenda conference on August 12, 2026.
Delrahim said Paramount Skydance may consider moving its headquarters out of California, the first public acknowledgment of such a plan.
The California suit challenges the legality of Paramount Skydance’s $110 billion Warner Bros. Discovery acquisition.