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flag 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.

flag David Ellison, CEO of Skydance Media, urged California lawmakers to back the proposed merger between Paramount and Warner Bros. flag Discovery, saying it would strengthen Hollywood and protect high-paying jobs in Los Angeles. flag He pledged 15 annual film releases from each studio, at least 45 days of theatrical windows, and extended VOD windows for successful films. flag Ellison also advocated for reinstating a federal film tax incentive to compete globally and ensure major productions stay in the U.S. flag Lawmakers welcomed the commitments but emphasized the need for measurable outcomes. flag The merger, replacing Netflix as the lead studio partner, requires shareholder and regulatory approval and is expected to close by September 30, 2026.

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