Paramount CEO ‘highly confident’ Warner Bros. deal will close

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeNewsParamount CEO ‘highly confident’ Warner Bros. deal will closeRegulatory bodies representing 65 jurisdictions have either cleared or elected not to challenge the transactionAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.CEO of Paramount Skydance David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars Palace on April 16, 2026 in Las Vegas, Nevada. Photo by VALERIE MACON / AFP via Getty ImagesParamount Skydance Corp. chief executive David Ellison said he is “highly confident” in a planned US$110 billion takeover of Warner Bros. Discovery Inc. despite legal challenges.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountRegulatory bodies representing 65 jurisdictions, including the European Union, the U.S. and South Korea, have either cleared or elected not to challenge the transaction, Ellison said in a memo to staff on Monday.Twelve U.S. states and the Writers Guild of America trade union have sued to block the merger, arguing the deal would stifle competition in the movie and TV business and raise prices for consumers. The proposed transaction would combine two major Hollywood studios, two streaming services and two large operators of cable-TV channels.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againParamount, owner of CBS, MTV and other media businesses, agreed last week to not consummate the merger until June of next year, or five days after a favorable ruling at trial.The parties plan to meet this week to discuss potential trial dates and provide an update to the court next Friday, Ellison said. The timing for the trial will be determined by the court after those discussions.The merger will create a “stronger, more competitive media company with the scale to invest more deeply in storytelling, expand consumer choice and compete more effectively in a rapidly changing entertainment landscape,” Ellison said in the memo.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.