Entertainment

Paramount Skydance Defends WBD Merger

Updated 2026-05-12 17:50 UTC 1 source Neutral

Paramount Skydance is defending its $111 billion merger with Warner Bros. Discovery, arguing that the combined entity will bring new competitive energy to the entertainment ecosystem. The company claims neither Paramount+ nor HBO Max could ‘catch up’ to Netflix, Disney or Amazon on their own.

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Variety
Paramount Skydance is continuing to argue that the David Ellison-led company’s $111 billion takeover of Warner Bros. Discovery will bring “new competitive energy to the entertainment ecosystem,” in the words of its top lawyer — not reduce competition. On May 7, Paramount chie
2026-05-12 17:41 UTC
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