Read the memo: David Ellison addresses staff as Paramount Skydance and Warner Bros. make it official

Paramount Skydance and Warner Bros. Discovery have made it official, and CEO David Ellison sent a memo out to staff about the merger.Paramount said in an official announcement on Friday that it had entered into a definitive merger agreement with Warner Bros. Discovery, giving the David Ellison-run media firm valuable assets such as HBO, CNN, and DC Studios.Netflix, which was also vying for WBD, declined to raise its bid for the company on Thursday.Read the memo Ellison sent:Team,Today we announced that Para ...