The Ellison Empire Strikes Back: Paramount Goes Hostile episode artwork

EPISODE · Dec 9, 2025 · 36 MIN

The Ellison Empire Strikes Back: Paramount Goes Hostile

from The Town with Matthew Belloni · host The Ringer

Matt is joined by Peter Supino from Wolfe Research to discuss Paramount launching a hostile takeover of Warner Bros., days after they agreed to a deal with Netflix. Peter maps out the differences in each bid and makes the case for and against each bidder. They also talk about the latest comments by David Ellison, Ted Sarandos, and Donald Trump, where the financials are coming from for Paramount-Skydance, and ultimately who has the upper hand (02:27). Matt finishes the show with a prediction about the 2026 Golden Globes (27:30).For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Peter Supino Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Matt is joined by Peter Supino from Wolfe Research to discuss Paramount launching a hostile takeover of Warner Bros., days after they agreed to a deal with Netflix. Peter maps out the differences in each bid and makes the case for and against each bidder. They also talk about the latest comments by David Ellison, Ted Sarandos, and Donald Trump, where the financials are coming from for Paramount-Skydance, and ultimately who has the upper hand (02:27). Matt finishes the show with a prediction about the 2026 Golden Globes (27:30).For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Peter Supino Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Ellison Empire Strikes Back: Paramount Goes Hostile

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This episode was published on December 9, 2025.

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Matt is joined by Peter Supino from Wolfe Research to discuss Paramount launching a hostile takeover of Warner Bros., days after they agreed to a deal with Netflix. Peter maps out the differences in each bid and makes the case for and against each...

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