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Paramount Skydance Stays Tight-Lipped on Potential Warner Bros. Merger
9 Oct
Summary
- Paramount Skydance CEO declines to comment on acquisition rumors
- Ellison says consolidation is important, focuses on talent and shareholders
- Hints at potential M&A opportunities in the near future

As of October 9th, 2025, speculation is swirling about whether Paramount Skydance, a publicly traded media company, will make an offer to acquire rival Warner Bros. Discovery. However, Paramount Skydance's CEO, David Ellison, has declined to comment on the rumors, stating that as a publicly traded firm, they are not in a position to discuss such speculation.
Despite the silence on potential acquisitions, Ellison did offer some insights into the company's overall strategic mindset. He acknowledged that consolidation in the media industry is important, echoing comments made last year by Warner Bros. Discovery's CEO, David Zaslav. Ellison emphasized that Paramount Skydance's approach to any potential M&A activity would be guided by what is best for the talent community, their shareholders, and the overall storytelling landscape.
The CEO hinted that there may be several actionable acquisition opportunities in the near future, but he refrained from providing any specifics. Ellison's overarching message was that Paramount Skydance's focus is on creating more content to drive greater audience engagement, rather than pursuing a strategy of less content.