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Lionsgate CEO backs quick close for Paramount-Warner Bros merger — United States — Entertainment — Nerpathram news image

Lionsgate CEO backs quick close for Paramount-Warner Bros merger

Lionsgate CEO Jon Feltheimer said he wants the proposed Paramount-Warner Bros. Discovery merger resolved and closed as soon as possible, arguing that prolonged uncertainty is disruptive for the entertainment business. He said a better-financed, competitive streaming company could also benefit Lionsgate by creating a stronger buyer for original programming and library titles. The transaction remains delayed by a legal challenge in the United States, even after receiving European approval with conditions.

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