Ellison Promises Anti-Monopoly Approach in Paramount‑WBD Bid

Paramount chairman and CEO David Ellison sent an open letter outlining an anti-monopoly, competition-forward stance as part of his $108.4 billion hostile bid for Warner Bros. Discovery. He pledges the combined entity would produce at least 30 theatrical features annually (15 from Paramount Skydance and 15 from Warner Bros. Studios), keep HBO independent, and maintain long theatrical windows (a minimum 45 days before PVOD, with 60–90 days for top titles), while continuing to license content and acquire third‑party material. Ellison argues the deal would strengthen competition against Netflix amid U.S. and EU regulatory scrutiny.