(FILES) CEO of Paramount Skydance David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars Palace on April 16, 2026 in Las Vegas, Nevada. Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros. Discovery, US media reported on September 21, 2026, creating a Hollywood behemoth spreading from television to cinema. Paramount, which is run by David Ellison, whose ultra-wealthy family is closely allied with US President Donald Trump, launched the blockbuster bid for control of a stable of assets that includes Warner Bros. Pictures, CNN and the HBO Max streaming service. (Photo by VALERIE MACON / AFP via Getty Images)