David Ellison races to rebuild Paramount's mountain of content [i.e., disrupting Woke Hollywood]

Ellison's most audacious move may be yet to come. Paramount's new chief executive is preparing a bid to acquire Warner Bros Discovery (WBD.O), opens new tab, home to Warner Bros film and television studios, HBO, CNN, TNT and Warner Bros Games. The company is on the verge of breaking up, as its television business declines, but Ellison intends to go bigger, creating a media colossus combining Paramount's library of classics like "The Godfather" and "Star Trek" with Warner Bros' own extensive collection. Some observers see bigger ambitions in Ellison's media moves. In recent weeks, Ellison installed Kenneth Weinstein - a...