The Economic Times

Paramount says CNN sale 'on the table' to resolve California suit over Warner Bros deal

Paramount Skydance is keeping all options open, including selling CNN, to resolve a lawsuit. The company's chief legal officer acknowledged a potential move out of California. Britain has cleared the takeover, leaving California's litigation as the last major obstacle. California and eleven other states seek to block the merger, citing competition concerns. They argue the deal would create a media behemoth able to raise prices.