Skydance outlines plans for Warner Bros. and Paramount after closing its Warner Bros. Discovery deal

Variety reports that Ellison and co-CEO Ynon Kreiz spoke to reporters after Skydance closed its Warner Bros. Discovery acquisition. Ellison said the company would keep the Warner Bros. and Paramount lots, while Kreiz said the film studios would remain creatively independent and coordinate release schedules. Pressed about Trump, Ellison said Skydance had not discussed news with political leaders except to affirm its commitment to editorial independence. He said his D.C. visits concerned a federal production tax incentive.