Plus Icon
Todd Spangler
NY Digital Editor
xpangler See All
Paramount/Warner Bros. Discovery Paramount Skydance’s David Ellison has prevailed in his dogged pursuit of Warner Bros. Discovery: He’s won the deal. Now comes the hard part: making the economics of the combined company work, given an extremely high debt load of the combined media company.
Following the announcement of Paramount’s settlement with the 12 Democratic state attorneys general resolving their antitrust case to block the WBD deal, the merger is set to close with about two weeks, Ellison wrote in a staff memo Monday.
Related Stories