Trendbyte
Dec 21, 2025

‘Breaking News…’: Tapper Tells Viewers CNN May Taken Over by David Ellison

CNN anchor Jake Tapper emotionally told viewers on Thursday’s episode of “The Lead” that Paramount Skydance is about to buy Warner Bros. Discovery and potentially CNN.

On Thursday, Netflix said it would not match Paramount’s $111 billion offer for WBD. Netflix made a tentative deal to buy most of WBD, including HBO and the Warner Bros. movie studio, but not CNN. Paramount then made a counteroffer, and Netflix chose not to offer more. The U.S. and Europe will need to approve the purchase.

But according to reports, Paramount CEO David Ellison told the Trump administration that he would “make sweeping changes to CNN” if his company bought it. President Donald Trump spoke out about the drama in the media industry and said that “CNN must be sold.” Trump has been complaining about the network for a long time, saying that it is unfair to him.

When the news broke, Tapper came back from a break and told viewers that Netflix had dropped its bid and that Paramount was now the highest bidder for Warner Bros. and HBO. He also mentioned that Paramount wanted to buy CNN:

Breaking News... That Affects Everybody I'm Looking At in the Studio': Jake Tapper  Tells Viewers CNN May Be on Verge of Takeover by David Ellison - Mediaite

“So we have some breaking news in our national lead that affects everybody I’m looking at right now in the studio,” Tapper began.

“Moments ago, Netflix said it is declining to raise its offer for the purchase of Warner Bros. Studios and HBO, following the Warner Bros. Discovery board’s determination that Paramount, which is not just going for Warner Bros. Studios and HBO, but also the whole enchilada, including us here at CNN, Paramount has submitted a superior offer according to Warner Bros. Discovery’s board. As I’ve noted, Warner Bros. Discovery is the parent company of CNN,” Tapper said.

WATCH:

 

Ellison’s Skydance bought Paramount and its subsidiary CBS last year. After the move, Ellison and Bari Weiss, who started the anti-woke Free Press, made a deal. Weiss got $150 million for the website and was named editor-in-chief of CBS News.

This also comes as CNN’s ratings have been plunging for well over a year while Fox News has been dominating viewership.

Fox News finished February by beating CBS in primetime viewership for the month, making it one of its best months since March 2025.

FNC had an average of 2.6 million viewers in primetime from Monday to Sunday, while CBS had 2.4 million viewers. This was the lowest February performance for the broadcast network since 2000.

Fox News had 3.1 million viewers on weeknights and 316,000 adults aged 25 to 54, which is the demographic that advertisers want. CBS only had 2 million viewers and 278,000 adults aged 25 to 54. This was the first time in 2026 that FNC beat CBS in both categories.

Other posts