Ellison's high-stakes bid to reshape Hollywood via Warner deal
TL;DR
Paramount Skydance chief David Ellison is pushing a $111 billion Warner Bros. Discovery merger but faces mounting antitrust challenges and regulatory hurdles. He has floated relocating Paramount's Hollywood headquarters and even selling major lots to fund the deal, while ticking-fee penalties and a March trial threaten to derail it, prompting a public-relations push and cautious optimism about a settlement with California's attorney general.
Topics:entertainmentbusiness#antitrust#business#california-politics#entertainment-industry#hollywood#mergers-and-acquisitions
- Inside David Ellison's desperate fight for Warner Bros. Yahoo Finance
- David Ellison Floats Hollywood Exit as States Threaten His Warner Bros. Deal The New York Times
- Democrats intensify scrutiny of David Ellison amid Paramount–WBD legal battle CNN
- Ellison to Move Paramount Out of California if States Refuse to Negotiate Settlement in Antitrust Suit Variety
- Inside David Ellison’s desperate fight for Warner Bros. Los Angeles Times
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