Overview
- Bloomberg reports David Ellison intends to retain James Gunn and Peter Safran at DC Studios and keep core creative units such as Warner Bros. Pictures, HBO, CNN and Cartoon Network intact.
- Paramount Skydance would consolidate marketing and distribution functions across the combined companies.
- Ellison plans to merge HBO Max with Paramount Plus into a single streaming platform.
- He is targeting about 30 theatrical films per year for the combined studios and exploring AI tools to increase production.
- Warner Bros. Discovery has rejected three unsolicited Paramount offers as it conducts a formal sale process, with no deal agreed.