An editorial board will oversee CNN and CBS News. What does that mean?

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Set us as preferred The settlement with 12 state attorneys general that cleared the way for Paramount to move forward with its $111-billion acquisition of Warner Bros.Discovery contained a surprise for CNN and CBS News.
The merged company will have an oversight board that will monitor adherence to editorial independence from its owners and shareholders.The editorial board is part of an agreement to end the states’ antitrust fight that threatened to delay the completion of the deal for months.But the initial reaction among media observers and opponents of the merger was to question how much teeth editorial overseers will have as they will be appointees of Paramount’s board.
The board is controlled by Paramount Chief Executive David Ellison’s family and RedBird Capital Partners.Hollywood Inc.
CNN, MS NOW and Politico will challenge the constitutionality of President Trump’s order to ban the news organizations from the White House.“The so-called independence board appears to be sorely lacking in independence.It’s appointed by and answerable to the board of the combined Ellison-controlled entity, which can also remove the independence board members,” said Norm Eisen, founder of Democracy Defenders Action and one of the leaders of the Block the Merger group.Agreements on editorial boards or ombudsmen are typically made to assuage regulatory concerns over a change in media ownership.
CBS News installed Kenneth R.Weinstein as an ombudsman ahead of Ellison’s acquisition of Paramount last year.
But he has had a scant presence at the network, according to CBS News insiders.When Rupert Murdoch’s News Corp.took over the Wall Street Journal in 2007, a five-member committee was created to ensure the editorial independence of the newspaper and Dow Jones’ other news services.
The Journal has largely been successful i...