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

Paramount Skydance is continuing to insist 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…

This article was originally published by Variety and is republished here under license.

Paramount Skydance is continuing to insist 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 […]

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