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WASHINGTON, United States (AFP)—Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share.
His remarks in an opinion piece published in The New York Times came as a federal judge set a March 2027 trial date for the antitrust challenges to the megamerger.
Ellison’s Paramount Skydance agreed late last month to delay its $110 billion merger with Warner Bros. to June 2027 while the US lawsuit seeking to block the deal moves forward.
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