Since Monday, when Paramount and a dozen state attorneys general announced a deal to settle their antitrust lawsuit, staffers at Warner Bros. Discovery have been in a state of anxiety about their future. David Ellison said that he aimed to close the monster $111 billion transaction that will unite the two entertainment conglomerates in two weeks, but he has been otherwise quiet about the timetable. Staffers at the various arms of Warners—which include HBO, CNN, and the namesake movie studio—have been treated to various meetings with their leadership, but answers have been slim to none.
According to people familiar with the matter, Paramount had targeted a closing date of…
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