The Damage Report
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CNN Disaster EXPLODES With Star Reporter's Sudden Exit Over Paramount Takeover
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July 2, 2026
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5:52Now PlayingCNN Execs get rocked by news over their star correspondent choosing to leave the network over concerns of David Ellison’s, who recently transformed CBS through Bari Weiss' destruction, looming takeover. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
CNN’s Paula Reid to exit network during uncertainty over David Ellison takeoverreport
"CNN’s chief legal affairs correspondent Paula Reid has decided to leave the network rather than remain through David Ellison’s looming takeover of parent company Warner Bros. Discovery, according to a report.
Reid, one of CNN’s most prominent legal journalists, informed management last week that she would not renew her contract when it expires later this summer despite receiving what Status described as a generous renewal offer.
According to the newsletter, Reid privately raised concerns with CNN executives about Paramount Skydance’s pending $111 billion acquisition of Warner Bros. Discovery and the uncertainty surrounding the future of the network under Ellison’s ownership."
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