Paramount reportedly wants to acquire Warner Bros. Discovery, antitrust law be damned

Paramount Skydance, apparently now in a state of permanent merger, plans to make a bid to acquire Warner Bros. Discovery, The Wall Street Journal reports. The company was recently formed following Skydance's acquisition of Paramount for $8 billion. Newly anointed Paramount Skydance CEO David Ellison was able to afford the acquisition thanks to the backing of his billionaire father, Larry Ellison. Despite Warner Bros. Discovery's public plans to split back into Warner Bros. and Discovery ...