With CNN on the cusp of changing hands once more, this time as part of Paramount’s $111 billion mega-deal for Warner Bros. Discovery, media mogul Barry Diller says that if given the opportunity he would snatch up the iconic news brand instantly.

“Absolutely, I would do it tonight and tomorrow night,” Diller told Wall Street Journal reporter Cara Lombardo at the WSJ’s Future of Everything summit in New York Tuesday. “Before they ruin it any further. Hopefully before it’s extinct, which, I mean, it’s not gonna be.”

Diller had previously reached out to WBD about acquiring the TV news outlet, which was founded by Ted Turner, and saved by John Malone, a mentor of Diller’s.…