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CNN’s new owner says he’s backing the network in its fight with the White House. But after courting Trump to get his merger prize, will Ellison stand up to him?

Skydance closed its Warner Bros. deal with a virtually unprecedented tower of debt. Cutting it to sustainable levels won’t be easy, experts told Status.

The Skydance boss spent considerable time at CNN’s New York offices on Thursday, meeting with network boss Mark Thompson, touring the newsroom, and participating in a closed-doors meeting with top network executives.

Roger Lynch will introduce Condé Nast’s interim chief executive to staff on Monday, Status has learned, as questions swirl over who will lead the publisher into the future.

On the first day atop his new Skydance media empire, David Ellison faced pointed questions from Anderson Cooper and Status about CNN, his coziness with Donald Trump, and his commitment to editorial independence.

CNN staffers breathed a sigh of relief when Mark Thompson agreed to stay on under Skydance. But Status has learned that he hasn’t yet finalized a new contract—and he’s not the only top CNN executive whose deal expires in 2027.

Weeks after gutting local newsrooms, McClatchy leadership has offered staffers virtually no explanation of what comes next, Status has learned, as the company builds out its controversial A.I. operation.

David Ellison has acquired another media conglomerate to add to his new burgeoning media empire. Now comes the hard part: brutal cost cuts to make the economics work.

Disney's president said Jimmy Kimmel is doing a “phenomenal job,” but offered an ominous explanation for why that may not be enough to keep his late-night show on ABC.

David Ellison has asked Mark Thompson to stay at CNN, for now—buying time, but leaving the network's long-term future, and Bari Weiss' potential role, unresolved.

Trump tried to ban MS NOW from the White House. Now, his administration is planning to spend taxpayer dollars to reach its viewers, and inside the network, Status has learned, some are "pissed."

While the company announced plans to spin off NBCUniversal, Status has learned executives are weighing whether to hang on to their local television stations rather than risk a fight with Trump’s FCC.