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Paramount Won't Sell Cable Networks After WBD Merger, Touts “Incredible Footprint” Of Combined Linear Business
Deadline· 2026-03-02 18:10
Paramount executives stressed today that once merged with Warner Bros. Discovery, the company combined has no plans to unload any legacy cable networks. CEO David Ellison and COO and Chief Strategy Officer Andy Gordon were asked about that several times by analysts on a call. They have spoken frequently already about the logic of retaining cable after Ellison’s Skydance acquired Paramount in August. “We believe in the assets we’re buying, and there’s no plans to divest or spin off a package of cable asse ...