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Ellison’s Fast and Furious Takeover

Paramount is hoping to close its deal to acquire Warner Bros. Discovery much sooner than the company has publicly stated, Status has learned.

Oliver Darcy
Oliver Darcy

May 19, 2026

Ellison’s Fast and Furious Takeover

Ellison’s Fast and Furious Takeover

Paramount is hoping to close its deal to acquire Warner Bros. Discovery much sooner than the company has publicly stated, Status has learned.

Oliver Darcy
Oliver Darcy

May 19, 2026

Ellison’s Fast and Furious Takeover

Earlier this month, David Ellison addressed investors on Paramount's quarterly earnings call, in which he reiterated his talking points regarding the company's proposed acquisition of Warner Bros. Discovery. During his remarks, the 43-year-old said again that the media conglomerate believes it is on track to clear the requisite regulatory hurdles and close its mammoth Warners deal by September—meaning it would avoid the "ticking fee" it will owe shareholders if the deal drags on beyond that month.

Behind the scenes at Paramount, however, the company has embraced a much more aggressive timeline, Status has learned. Indeed, according to multiple people familiar with the matter, Paramount actually hopes to…

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Oliver Darcy

Jon Passantino

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Brian Lowry

Status is the definitive nightly briefing that cuts through the noise to inform readers about what is really happening in the corridors of media power.

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