Paramount Skydance CEO defends $110 billion Warner Bros merger
Paramount Skydance chief executive David Ellison broke his silence on the company's $110 billion merger with Warner Bros, addressing sustained criticism of the deal. Ellison argued that critics of the merger are relying on an "outdated Hollywood model" that no longer reflects how the media industry operates. The comments mark the executive's most direct public defense yet of the tie-up since it was announced.
Paramount Skydance chief executive David Ellison spoke publicly for the first time about the company's $110 billion merger with Warner Bros, addressing criticism that has followed the deal since it was announced. Ellison said the pushback relies on an "outdated Hollywood model" that fails to account for how the media and entertainment industry has changed.
The merger, one of the largest in Hollywood history, would combine two of the industry's biggest studio and media portfolios. Critics have questioned the scale of the combined company and its implications for competition in film, television and streaming, though Ellison did not directly address specific antitrust concerns in his comments.
Ellison's remarks come as the deal continues to draw scrutiny from analysts and industry observers watching how regulators and investors respond. The Paramount Skydance chief said he remained confident the merger would ultimately be judged on its results rather than on early criticism of its size.
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