Global Entertainment Report Editorial

David Ellison Addresses Paramount-Warner Bros. Merger Delay Amid State AGs' Lawsuit in Staff Memo: 'The Facts and the Law Are on Our Side'

Paramount CEO David Ellison, in a companywide memo, sought to project confidence that his $111 billion takeover of Warner Bros. Discovery will - eventually - cross the finish line. On Friday, Paramount disclosed an agreement to put the WBD deal on hold for at least several months, as it seeks to defends itself in an...

Original source: Variety