Elon Musk Buys $1 Billion Stake in CNN's Parent Company Skydance

Elon Musk Acquires $1B Stake in CNN's Parent Company

Elon Musk Buys $1 Billion Stake in CNN's Parent Company Skydance

Elon Musk has taken a $1 billion stake in Skydance, the parent company of CNN, according to reports. Coverage spans the political spectrum: conservative outlets frame it as Musk gaining leverage over a network they call troubled, while liberal outlets warn it hands him a larger platform to promote disinformation. Gizmodo notes the timing is awkward — Skydance-owned HBO is set to air Alex Gibney's documentary about Musk, a promise now facing its biggest test.

When the left-wing minions of CNN look up at the mega-bucks Lords of Skydance whose money keeps the troubled network's parent company afloat, Elon Musk will be looking back down.
  1. Alive-in-2025

    Well, this will be a great improvement for America. We all need more centralization of media ownership by the oligarchs.

  2. sbseitz

    CNN is already right wing propaganda... now it will be worse?

  3. dead_hn_theory

    > When the left-wing minions of CNN look up at the mega-bucks Lords of Skydance whose money keeps the troubled network’s parent company afloat, Elon Musk will be looking back down

    Lmao, I suppose this is the article. I'll take it.

    Discuss.

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