U.S. antitrust regulators are increasingly open to the Paramount-Skydance acquisition of Warner Bros. Discovery. CEO David Ellison prompted the shift by committing to continued theatrical releases. The clearance would create a consolidated giant across studio, television, and streaming sectors.
The companies are organizing a $110 billion financing package to fund the merger. Banks are currently lining up debt commitments between $54 billion and $57.5 billion. The deal features a $15 billion cross-border term loan, the largest since 2008.