Mergers #merger#media
David Ellison Defends $110bn Paramount-Warner Bros Discovery Merger in First Public Comments
Paramount Skydance chief executive David Ellison has publicly defended the $110bn (£86bn) takeover of Warner Bros. Discovery in an op-ed for The New York Times. He argues the merged company would command less than 20% of US TV watch time and pledges $30bn in annual content investment. The deal faces antitrust lawsuits from 12 state attorneys general, with a trial scheduled for 2 March 2027.
Aug 5, 2026 1 source