
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.