David Ellison claims opposition to his mega-merger stems from potential CNN control

With $111bn deal to acquire cable network’s parent company stalled in courts, Ellison courts public Speaking out on the lawsuit against the big merger between Paramount Skydance and Warner Bros Discovery (WBD), Paramount’s CEO, David Ellison, said that the legal backlash against the deal is “not really about market share” but rather stems from political motivations. Noting in a New York Times guest essay published on Tuesday that the deal had “been reviewed and approved by regulators reflecti...

By Jeremy Barr