David Ellison downplayed Paramount’s need to acquire Warner Bros. Discovery during a conference call with Wall Street analysts on Monday after the company unveiled earnings that reflect the uphill climb that it faces in revitalizing its film and TV assets.
“It’s important to know that there’s no must-have for us. We really look at this as buy-versus-build, and we absolutely have the ability to build to get to where we want to go,” Ellison told Wall Street analysts when pressed about Paramount’s pursuit of Warner Bros. Discovery. “We believe we can achieve our streaming goals, and…
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source m.imdb.com ’
ADVERTISEMENT
