Paramount Skydance's Warner Bros. Deal Nears Completion as Industry Figures Abroad Voice Confidence in Ellison

Paramount Skydance's acquisition of Warner Bros. Discovery is on the verge of being finalized, bringing two of the entertainment business's best-known names under one roof. The agreement follows close to a year of negotiations. Entertainment executives across Europe, where Paramount chief David Ellison has spent time building relationships, have largely expressed a favorable view of the combination, with one citing belief in his commitment to the business. For the Los Angeles area, which is home to both companies, the deal's closing marks a notable moment for the studio sector.

With reporting from Variety Film.