Paramount CEO blames politics for Warner merger dispute
WBD Warner Bros. Discovery Inc
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- 1Paramount Skydance CEO David Ellison said on Tuesday that the antitrust litigation over the acquisition of Warner Bros. Discovery arose from politics rather than market share.
- 2A federal judge scheduled the antitrust trial for March 2027, and the company pushed back the completion of the $110 billion merger to June 2027.
- 3In a New York Times op-ed, Ellison said the core issue is trust in the management of Warner CNN, and 12 states pointed to a combined theatrical distribution share of roughly 27%.
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