WATCH: Merger Mania with Archer & Feldman
What the Paramount/WBD merger could mean for CBS, CNN, SAG-AFTRA, and the future of journalism
When media companies announce a merger, Wall Street usually celebrates. But newsrooms don’t.
The proposed merger between Paramount and Warner Bros. Discovery would combine some of the biggest names in media under one corporate roof. CBS. CNN. HBO. Warner Bros. Local television stations. Streaming services. Thousands of employees.
And lots of those employees may be considered redundant.
So what happens next?
In the latest episode of Archer & Feldman, Charles Feldman and I are joined by veteran broadcaster Bob Butler, former KCBS reporter and anchor, and current Vice President of Broadcast for SAG-AFTRA.
We talk about who’s most vulnerable when media giants consolidate, why CNN’s non-union workforce creates unique challenges, and what the deal could mean for journalists, broadcasters, and media workers throughout California and across the country.
We also discuss editorial pressure in modern newsrooms, the controversy surrounding CBS News and 60 Minutes, and whether local radio news still has a future in an era dominated by streaming, podcasts, and artificial intelligence.
If you’ve ever wondered what media consolidation actually means beyond the corporate press release, this conversation is for you.
See it here:
After you watch, leave a comment and tell us what you think. Is local journalism headed for a comeback, or are we watching the slow consolidation of the last major news organizations into a handful of corporate giants?
We’ll be reading the comments.
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I listen to KFI and KNX (only Handel on KFI) But KFI had an outstanding news department until they got rid of it and the one thing I noticed was their ratings took a dump and between that and KNX turning the old 97.1 into KNX FM, KNX far surpassed KFI for quite awhile. But now KNX is starting to do stupid things like put paid advertising on Saturday and Sunday mornings which means no traffic reports or news. That and that 12mid to 5am thing with KCBS has caused KNX ratings to take a dump. I don't think eliminating the FM did this completely because they are now broadcasting the same as KFI both on AM and HD2 on FM.