Hollywood's Tax Credit Tussle: A David Ellison Gambit? David Ellison, CEO of Skydance Media and driving force behind the Paramount Warner Bros.
Discovery merger, has been quietly lobbying lawmakers on Capitol Hill for a federal film tax incentive bill. This move comes as 12 state attorneys general have filed suit to block the merger, citing antitrust concerns.
The proposed $111 billion merger between Paramount and Warner Bros. Discovery has been mired in controversy, but Ellison's efforts suggest he is willing to take a high stakes gamble to secure the deal.