Expect CBS News to Undergo a Major Overhaul Under Skydance Boss David Ellison

If it were, say, just a decade ago, cachet and power would be conferred on Skydance founder and CEO David Ellison, the soon-to-be chief of Paramount and its once-holy grail of TV news, CBS.

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Too bad it’s not 10 years ago.

The names Edward R. Murrow, Mike Wallace and Walter Cronkite — the people who built CBS News into the paragon of TV journalism — might come up in casual conversations among old-timers like yours truly, reminiscing about how network news once controlled the ­political and social agenda.

Or maybe they would surface in a journalism class after CBS’s current management last week settled a weird lawsuit, filed by President Trump, in order to keep in the good graces of the White House and get the Skydance-Paramount merger through his FCC regulators.

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