Paramount CEO Says Bid for Warner is Better for Competition -- Market Talk

Dow Jones12-09 01:02

1202 ET - Paramount CEO David Ellison says his company's bid for Warner Bros. Discovery is more likely to pass regulatory approvals than Warner's existing agreement with Netflix, arguing Paramount's offer would foster better competition. "When you combine the number one streamer with the number three streamer, that creates a company that has unprecedented market power, north of 400 million subscribers," he says. Disney would be the next largest competitor with just under 200 million subscribers, he says. "That's bad for Hollywood, that's bad for the creative community, that's bad for consumers," he says. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

December 08, 2025 12:02 ET (17:02 GMT)

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Disney would be the next largest competitor with just under 200 million subscribers, he says. \"That's bad for Hollywood, that's bad for the creative community, that's bad for consumers,\" he says. 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Disney would be the next largest competitor with just under 200 million subscribers, he says. \"That's bad for Hollywood, that's bad for the creative community, that's bad for consumers,\" he says. 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