Market Chatter: Paramount CEO Declines Invite to Testify to Senate on Warner Bros.

MT Newswires Live02-04 00:38

Paramount Skydance (PSKY) Chief Executive David Ellison declined an invitation to testify before a Senate antitrust hearing regarding the proposed merger between Netflix (NFLX) and Warner Bros. Discovery (WBD), Bloomberg reported Tuesday, citing people with knowledge of the hearing's arrangements.

Paramount didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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