Paramount to combine HBO Max and Paramount+
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Paramount Skydance CEO David Ellison has unequivocally backed 'Game of Thrones' network HBO to remain on its current course following the WBD merger.
Though not a done deal — there are still quite a few regulatory hurdles to clear, locally, federally and abroad — Paramount Skydance Warner Bros. Discovery (unofficial, but yikes) now has a fairly open path to try its unified hand at Hollywood domination.
Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said on Monday, ruling out any plan to divest or spinoff the cable assets. Lisa Bernhard has more.