Warner Bros. Discovery is a major media and entertainment company involved in film, television, streaming, and studio consolidation.
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David Ellison said Paramount Skydance’s planned merger with Warner Bros. Discovery will not cut film output and promised at least 30 movies a year.
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David Ellison’s Paramount Skydance merger with Warner Bros. Discovery is drawing strong pushback from Hollywood, with critics saying it could hurt competition, jobs, and creative freedom.
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Paramount Skydance raised its offer for Warner Bros. Discovery to $31 per share, heightening the fight with Netflix over control of the studio.
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Warner Bros. Discovery rejected Paramount’s takeover bid again and urged shareholders to back Netflix’s $72 billion offer instead.
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Nevada unions are pushing to revive tax credits for Sony Pictures Entertainment and Warner Bros. Discovery so a new Las Vegas-area film studio can move forward and bring jobs to the state.
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