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David Ellison Defends $110bn Paramount-Warner Bros Discovery Merger in First Public Comments Business
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
Paramount and Warner Bros Pause $110bn Merger Amid Legal Challenge from States and Unions Business
Mergers #merger#media

Paramount and Warner Bros Pause $110bn Merger Amid Legal Challenge from States and Unions

Paramount Skydance and Warner Bros Discovery have agreed to pause their $110bn merger until June 2027 while a US judge considers a legal challenge from 12 US states and the Writers Guild of America. The pause follows European regulatory approval, conditioned on ending a film distribution partnership with Universal Pictures. The companies insist the merger is necessary to compete with streaming giants, but opponents argue it harms competition and reduces bargaining power for creators.

Jul 26, 2026 1 source
US Judge Temporarily Blocks $110bn Paramount-Warner Bros Merger Amid Antitrust Concerns Business
Mergers #merger#media

US Judge Temporarily Blocks $110bn Paramount-Warner Bros Merger Amid Antitrust Concerns

A US federal judge has temporarily blocked the proposed $110bn merger between Paramount Skydance and Warner Bros Discovery, granting a 14-day restraining order in response to an antitrust lawsuit filed by 12 US states. The judge cited serious questions about the deal's impact on movie distribution and the public's interest in antitrust enforcement.

Jul 21, 2026 1 source
Paramount Refused to Air Ad Criticizing Its $111 Billion Merger With Warner Bros. Business
Mergers #merger#advertising

Paramount Refused to Air Ad Criticizing Its $111 Billion Merger With Warner Bros.

Paramount refused to air a 30-second advertisement from Freedom of the Press Foundation that criticized its $111 billion merger with Warner Bros. Discovery, according to the nonprofit. The ad, submitted for the UFC Freedom 250 event, warned of potential censorship under Trump-allied CEO David Ellison. Paramount did not comment on the rejection.

Jun 16, 2026 1 source
US States Reportedly Plan Lawsuit to Block Paramount's $110B Warner Bros. Takeover Business
Mergers #mergers#acquisitions

US States Reportedly Plan Lawsuit to Block Paramount's $110B Warner Bros. Takeover

Multiple US states are reportedly preparing a lawsuit to block Paramount's $110 billion acquisition of Warner Bros. California Attorney General Rob Bonta has raised concerns about market consolidation, and the suit is expected within weeks. The deal has faced opposition since its announcement in February 2026.

Jun 14, 2026 1 source
DoJ Clears Paramount Skydance-Warner Bros. Merger, Expanding Ellison Media Empir Business
Mergers #merger#acquisition

DoJ Clears Paramount Skydance-Warner Bros. Merger, Expanding Ellison Media Empir

The US Department of Justice approved the acquisition of Warner Bros. Discovery by Paramount Skydance, a deal backed by $45.7 billion in equity from Oracle co-founder Larry Ellison. The merger places Paramount Skydance CEO David Ellison in control of historic studios, HBO, CNN, and Warner Bros. Games, while drawing scrutiny from state attorneys general and European regulators.

Jun 14, 2026 1 source