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David Ellison Defends Paramount-Warner Bros Deal, Says Hollywood Film Output Won't Suffer — 'Long Live Th
David Ellison also pledged 90 days to streaming video-on-demand and at least 30 films a year if Paramount’s Warner Bros. deal closes.
- On Thursday, Paramount Skydance CEO David Ellison made a surprise CinemaCon appearance in Las Vegas, guaranteeing a 45-day theatrical window and pledging at least 30 annual film releases if his $111 billion Warner Bros. Discovery acquisition closes.
- Amid opposition from guilds and creatives, Democratic Sen. Cory Booker held a spotlight hearing Wednesday regarding the potential anticompetitive impact of consolidating two of Hollywood's major studios into one.
- Despite criticism, AMC Entertainment CEO Adam Aron expressed support this week, while Ellison told exhibitors, "Long live the movies," emphasizing his commitment after closing an $8 billion Skydance merger.
- The pending transaction awaits a shareholder vote later this month and regulatory approval, with executives aiming to save $6 billion through job cuts in duplicative operations.
- Critics, including Actor Mark Ruffalo, warn the consolidation could leave workers poorer and reduce film output, while the Justice Department continues reviewing the combination for potential anticompetitive harm.
31 Articles
31 Articles
Paramount’s executive director and president, David Ellison, made great promises to movie theater owners on Thursday at CinemaCon in Las Vegas. Ellison said he will guarantee 30 premieres a year between Paramount and Warner Bros and that he is committed to an exclusive 45-day cinema window “from today.” “Long live the cinema,” Ellison said. His company’s outstanding acquisition of Warner Bros, in an agreement valued at $111 billion, has been a s…
David Ellison Defends Paramount-Warner Bros Deal, Says Hollywood Film Output Won't Suffer — 'Long Live Th
Paramount Skydance (NASDAQ:PSKY) CEO David Ellison sought to steady nerves in Hollywood on Thursday as regulatory scrutiny intensifies over the studio’s proposed buyout of Warner Bros. Discovery (NASDAQ:WBD), using a high-profile appearance at CinemaCon to double down on his theatrical-first strategy. Ellison pledged that the combined studio would release at least 30 films annually with a minimum 45-day exclusive theatrical window, positioning c…
Ellison Goes to Theater Owners to Reassure Them
During an unannounced appearance at CinemaCon in Las Vegas on Thursday, David Ellison promised theater owners a robust, cinema-first strategy from a combined Paramount and Warner Bros.—and put a number on it. Ellison, whose Skydance-run group now controls Paramount and is pursuing Warner Bros., told exhibitors that once the...
Film operators expressed skepticism about David Ellison's promise and asked regulators to block the business
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