Paramount Skydance Defends WBD Merger by Arguing That Neither Paramount+ nor HBO Max Could ‘Catch Up’ to Netflix, Disney or Amazon on Their Own

In letter to California attorney general Rob Bonta, Paramount chief legal officer also says deal is unlike Disney-21st Century Fox

By Todd Spangler

Todd Spangler

NY Digital Editor

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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 chief legal officer Makan Delrahim sent a letter to California Attorney General Rob Bonta, in which Delrahim “reiterate[d] our continued commitment and support to Californian movie theaters and audiences” coming “in response to certain misinformation about the marketplace expressed in recent public commentary.” The letter was reported earlier by Semafor.

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