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ActiveEntertainmentAcquisition$111 billion

European Entertainment Leaders Mostly Optimistic About David Ellison’s Takeover of Warner Bros. : ‘I Believe in His Commitment to Cinema’

Photo: Variety

What happened

After nearly a year of dealmaking drama, Paramount Skydance’s takeover of Warner Bros. Discovery is about to become reality. Across Europe, where the Paramount chief David Ellison has spent time courting support for his vision of building a Hollywood colossus, the mood is surprisingly upbeat. The debt-laden $111 billion merger is set to close Oct. […]

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