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Paramount chief executive David Ellison breaks silence on Warner Bros mega merger

By GhanaSummary Newsroom1 min read
Paramount chief executive David Ellison breaks silence on Warner Bros mega merger

" To counter antitrust concerns, Ellison pointed out that a merged Paramount-Warner would account for less than 20% of US television watch time – dropping to around 13% when accounting for YouTube – as it competes against tech giants like Netflix, Amazon, and Apple whose resources "dwarf ours."Paramount Skydance chief executive David Ellison has broken his silence, defending his company's $110bn (£86bn) takeover of Warner Bros.

In his first public comments on the transaction, Ellison rejected claims that a combined media giant would exert excessive control over the market or erode newsroom independence.

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