Lionsgate CEO Jon Feltheimer went to bat Thursday for Paramount CEO David Ellison and the company’s hung-up merger with Warner Bros. Discovery.
“Uncertainty is the worst thing for our business, and uncertainty and delay is not good for anybody,” the exec said in response to a Wall Street analyst’s question during Lionsgate’s quarterly earnings call. “I’m in favor of this transaction, but most importantly, I’m in favor of certainty and I’m getting all of the delay out of it.”
The $110 billion mega-deal breezed through regulatory review before hitting a major barrier in July, when the Writers Guild of America
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