Place all the ingredients in a 4 quart dutch oven or large saucepan and cook on medium-high heat, stirring occasionally, for 15 to 20 minutes or until most of the liquid has evaporated and reduced. You want the texture to begin to appear jammy.
Once most of the cranberries have popped, and pomegranates have released their juices, remove from heat and let rest for at least 15 minutes.
Serve immediately or cover and refrigerate for up to 1 week. Re-heat over the stove until warmed through before you serve.
Keyword side dish, holiday side dishes, Fall recipes, Thanksgiving, cranberry sauce