David Ellison ‘s Skydance Media just completed the $8 billion takeover of Paramount Global five weeks ago . Now, before Ellison and his team have even finished the work of laying off upwards of 2,000 employees at the newly merged Paramount Skydance to slash costs, the son of tech multibillionaire Larry Ellison is mulling what would currently be a $70 billion-plus deal to acquire Warner Bros. Discovery in its entirety .
The question is: Why now?
Wouldn’t it make more sense to wait until WBD splits in half — to form Warner Bros. (HBO Max and studios) and Discovery Global (TV networks) — a transaction CEO David Zaslav says is on track to be done in April 2026 ? The WBD separation is designed to boost the value of its streaming and studios businesses by carving off the declining