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The cable news giant won't be part of the deal, foreshadowing an era without the backing or the baggage of a much larger parent company.
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The blockbuster deal would give Netflix control of HBO and iconic franchises like Harry Potter and Batman.
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Streaming giant Netflix said it's buying Warner Bros. Discovery in a deal that would create a global entertainment behemoth. CNN and other cable channels Warner Bros. owns are not part of the deal.
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The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News. Instead, CNN will remain in a separate corporate entity.
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 Tax directors are dealing with more audits, but standardising global tax operations can greatly ease the burden because it helps tax authorities understand corporate tax positions better.
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