Paramount Global is considering selling CNN as it battles an antitrust lawsuit aiming to block its merger with Warner Bros. Discovery (WBD). The lawsuit, filed by 12 states including California, alleges the merger would create a media monopoly. Paramount’s general counsel hinted at the potential CNN divestiture as a possible solution to address regulatory concerns. The states argue the combined entity would control a significant portion of the sports and news programming market. A sale of CNN could appease regulators and potentially salvage the merger agreement. The outcome of the lawsuit and any potential sale could significantly reshape the media landscape. This development introduces further uncertainty to the already complex media industry.

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