Lionsgate chief executive Jon Feltheimer said ongoing media and entertainment M&A noise is “incredibly disruptive” to the industry.

“All we can do is keep sticking to our knitting … doing what we do, and we’ll see where the bouncing ball ends up. There will be some interesting bedfellows, I think,” he said on call with analysts after quarterly earnings .

Paramount closed its acquisition of Skydance in August after 18 months. Now it’s bidding for Warner Bros. Discovery, which may sell or may split in half.

Uncertainty is the worst, agreed Lionsgate Television Chairman Kevin Beggs. “When it’s hanging over the market, it makes everybody buy a little bit less. The extended process of Skydance and Paramount froze Paramount for a long time. We’re pretty excited about that being resolved. Th

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