There’s no question that David Ellison, the doggedly ambitious CEO of Paramount Skydance, loves movies and filmmaking. In making his case for Paramount’s eye-poppingly pricey megadeal to merge with Warner Bros., he has repeatedly pledged that the combined company will release a lot more movies — to the tune of at least 30 titles per
The U.K.’s decision to clear Paramount Skydance’s $111 billion proposed acquisition of Warner Bros. Discovery has been broadly welcomed by European industry players. U.K. exhibitors, media executives and analysts have argued the deal reflects a wider shift in regulatory thinking as European broadcasters face mounting competitive pressure from global streaming giants. Following the European Commission’s
A federal judge on Wednesday dismissed a lawsuit from a group of consumers looking to challenge the $111 billion merger between Paramount and Warner Bros. Judge Araceli Martínez-Olguín wrote that the plaintiffs — three current Paramount+ subscribers and two prospective subscribers — presented a lack of standing in their suit. She also ruled that the
Regal Cinemas CEO Eduardo Acuna released a statement on Wednesday evening in support of the looming Paramount-Warner Bros. merger. “This year has been an important one for our industry. Attendance is up, younger audiences are coming out in numbers we haven’t seen in years, and the upcoming release schedule looks just as strong,” Acuna wrote.
David Ellison and the leadership team at Paramount expected to spend much of the summer settling into new digs with Warner Bros. Discovery. A few weeks ago, they privately predicted the merger of the two media companies would be wrapped up by July or August at the latest. Instead, Ellison is bracing for a long
Paramount Skydance CEO David Ellison has been quietly backing a bill to launch a federal tax incentive for film, with support from lawmakers on both sides of the aisle, multiple sources said. Variety. Ellison has spent at least six months in exploratory meetings for the proposed legislation, two sources added, and on Monday night he
