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Ellison Defends $110B Warner Deal | US News
David Ellison, CEO of Skydance, is defending his company’s $110 billion bid to acquire Warner Bros. Discovery, arguing the deal is misunderstood and that critics are really targeting CNN’s editorial independence more than competition. Facing lawsuits from 12 states and the Writers Guild over antitrust and creative control fears, Ellison insists the merged studio would still hold a tiny slice of market share — dwarfed by Netflix and Amazon. He also pledged to preserve CNN and CBS News’ journalistic integrity, while unveiling an ambitious production plan: 30 films, 170 TV shows, and $30 billion…
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