Paramount's David Ellison Talks M&A But No Word On WBD

Paramount CEO David Ellison said the company doesn’t comment on rumors amid ongoing and intense merger speculation around Warner Bros. Discovery. “First and foremost, we are focused on what we are building at Paramount and today, 96 days in, we are more confident than ever,” he said on a call with analysts after quarterly earnings – the first since his Skydance acquired Paramount Global. He was asked to comment on how the company looks at M&A in general. “I think it’s important to note that we really look ...