Warner Bros. gets a higher offer from Paramount
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A Paramount merger could be end of HBO Max
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Paramount CEO David Ellison was emphatic about theatrical on a call with Wall Street, saying. “It’s something we deeply, deeply believe in.”
In this edition of the Media Front column, we talk about David Ellison’s rise, CNN’s future, MS NOW-Crooked Media mash-up, Axios’ video plans.
Paramount Skydance is shuffling the structure of a streaming key team as it prepares to absorb Warner Bros. Discovery.
The co-CEO pulled back the curtain on the stunning events of the past week that led to David Ellison prevailing with a sweetened $111 billion deal to merge two of Hollywood's last remaining legacy studios.
Paramount Skydance CEO David Ellison said on Monday its deal for Warner Bros will leave the combined company with about $79 billion in net debt and that there were no plans to divest or spin off any of the cable assets at this time.
Jake Tapper broke some unique news to viewers on Thursday's edition of The Lead, telling them that Paramount Skydance is poised to acquire Warner Bros. Discovery, and with it, CNN.
The Spyglass pic's franchise-best launch gives David Ellison's Paramount-Skydance additional reason to celebrate after prevailing in its bid to buy Warner Bros. Discovery when Netflix bowed out.