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Skydance CEO David Ellison urged California lawmakers to support the Paramount-Warner Bros. merger, promising job protection and film output, with closure expected by September 30, 2026.
David Ellison, CEO of Skydance Media, urged California lawmakers to back the proposed merger between Paramount and Warner Bros.
Discovery, saying it would strengthen Hollywood and protect high-paying jobs in Los Angeles.
He pledged 15 annual film releases from each studio, at least 45 days of theatrical windows, and extended VOD windows for successful films.
Ellison also advocated for reinstating a federal film tax incentive to compete globally and ensure major productions stay in the U.S.
Lawmakers welcomed the commitments but emphasized the need for measurable outcomes.
The merger, replacing Netflix as the lead studio partner, requires shareholder and regulatory approval and is expected to close by September 30, 2026.
El CEO de Skydance, David Ellison, instó a los legisladores de California a apoyar la fusión de Paramount-Warner Bros., prometiendo protección de empleos y producción de películas, con cierre previsto para el 30 de septiembre de 2026.