From Matt Belloni at Puck News, would refuduce number of legacy film studios from 5 to 4, but the principals promising to keep the Warners name plate and churn out 15 films a year under it:
“Today’s hiring of Makan Delrahim as Paramount’s new chief legal officer is the clearest sign yet that David Ellison reallywants Warner Bros. Discovery. Who knows better than Delrahim, the top antitrust enforcer at the Department of Justice in the first Trump term, how to push a deal through the current administration?”