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# Why Skydance will sell CBS stations, but not all of them
- URL: https://www.medianexis.com/why-skydance-will-sell-cbs-stations-but-not-all-of-them/
- Published: 2026-10-08T23:01:04.000Z
- Updated: 2026-10-09T00:07:12.000Z
- Description: TVREV’s Tim Hanlon reports that Skydance, carrying roughly $80 billion in net debt after closing the Warner Bros. Discovery deal, is positioned to become a net seller of CBS’s local stations while protecting major-market O&Os and profitable duopolies like Los Angeles’s KCBS-KCAL.
- Author: The Signals Desk
- Tags: Streaming, Deals, Tim Hanlon, Paramount buys Warner Bros. Discovery and becomes Skydance

**Why it matters.** Buyers with existing local clusters stand to gain leverage over Skydance in negotiating for the stations it decides to shed, such as Seattle’s KSTW or Tampa’s WTOG.

*Signal from* [*TVREV*](https://tvrev.com/?ref=medianexis.com) *·* [*Tim Hanlon*](https://www.medianexis.com/tag/by-tim-hanlon/) *·* [*read the original*](https://www.tvrev.com/news/what-happens-to-cbs-local-stations-now?ref=medianexis.com)*.*