Paramount Skydance (PSKY) CEO Ellison turned down an invitation to testify before the Senate at an antitrust hearing about the proposed tie-up between Netflix (NFLX) and Warner Bros. Discovery (WBD), Bloomberg reports

The refusal of Paramount Skydance's CEO Ellison to testify at the antitrust hearing could signal a cautious approach toward the Netflix and Warner Bros.

Newsquawk StaffPublished 3 Feb 2026, 17:02 UTCOn the live feed at 16:42 UTC — 4 more headlines followed before this page went public

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16:44

American Honda (HMC) total sales in Jan, 98,594 units; Jan EV sales 27,375 units

16:43

Russian President Putin says Russia's GDP up 1% in 2025

16:42

Paramount Skydance (PSKY) CEO Ellison turned down an invitation to testify before the Senate at an antitrust hearing about the proposed tie-up between Netflix (NFLX) and Warner Bros. Discovery (WBD), Bloomberg reports

16:37

Novo Nordisk (NOVOB DC) releases 2026 sales and op. profit outlook; Sees 2026 sales at constant FX -5% to -13% (exp. -1.39%)

16:34

Toyoto Motor (TM) January US sales 176.8k units, +8.1% Y/Y

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Context

Discovery tie-up, suggesting potential regulatory headwinds. This move may impact market sentiment around consolidation in the media sector, with investors weighing the implications of increased scrutiny from lawmakers on future mergers and acquisitions in the entertainment space.

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