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David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

The Paramount+ logo is seen inside the convention center during Comic-Con in San Diego, CA Chris Delmas / Paramount CEO David Ellison says the company’s pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix. “We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison told Wall Street analysts Monday on a conference call to discuss the $111 billion deal.

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

Credit: Deadline

Key Highlights

  • On Paramount+ and HBO, he said, “there are more than 200 million [direct-to-consumer] subscribers today, and more than 100 countries and territories worldwide, positioning us to compete effectively with the leading streaming services in today’s marketplace.” Related Stories News "HBO Should Stay HBO": David Ellison Vouches For Network's Post-Merger Independence News Paramount President Jeff Shell Absent From WBD Merger Call With Wall Street Analysts Amid Legal Probe Netflix said in January it ended 2025 with 325 million global subscribers.
  • While Ellison’s estimate of the combined Paramount+ and HBO Max footprint is accurate, it is a de-duplicated figure that does not take into account the overlap of subscribers to both services.
  • Watch on Deadline Another wrinkle, as AT&T discovered after acquiring Time Warner and trying to mount a major streaming initiative, is the linear distribution agreements at HBO.
  • While the linear base is diminishing due to cord-cutting, the premium network is still offered by pay-TV providers, so new negotiations would have to be completed in order to explore all streaming options.
  • After merging Skydance with Paramount, Ellison, the tech-friendly son of Oracle billionaire Larry Ellison, has steered an effort to blend the tech stacks of free, ad-supported Pluto TV, Paramount+ and BET+.
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Sources

  1. David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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