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dcrazy a day ago

Because David Ellison’s explicit plan is to run Warner Bros. Discovery (owners of CNN) and Paramount (owners of CBS) as two divisions within Skydance Media. He committed to keeping a 20-odd film slate at WBD as part of antitrust negotiations with the U.S. and other countries. So he has to keep the studio running while figuring out how to pay off the investors with depreciating Oracle assets.