Paramount’s Ellison Sees ‘A Lot of Options’ for Media Deals (3)

Paramount Skydance Corp. Chief Executive Officer David Ellison, who is reportedly weighing a merger with Warner Bros. Discovery Inc., said he sees a lot of opportunity for consolidation in the industry.

“There’s a lot of options out there in terms of what actually might be actionable in the near future,” Ellison said Thursday at the Bloomberg Screentime conference in Los Angeles. “We would approach that through the lens of wanting to make more, not less.”

Bloomberg News reported earlier that Ellison was weighing a bid for Warner Bros. Ellison said he couldn’t comment on that company specifically, but ...