Merged Paramount-Warner Bros. Will Be a ‘Streaming Powerhouse,’ Wall Street Analysts Say — but Saddled With More Than $77 Billion in Debt

Paramount Skydance’s David Ellison has prevailed in his dogged pursuit of Warner Bros.

Discovery.

Now comes the hard part: making the economics of the combined company work, given an extremely high debt load of the combined media company.

Following the announcement of Paramount’s settlement with the 12 Democratic state attorneys general resolving their antitrust case […]