Skydance's David Ellison tells CNBC combined company is 'positioned to win in every single vertical'

Skydance co-CEO David Ellison told CNBC on Thursday — days after Paramount's acquisition of Warner Bros. Discovery officially closed — that the combined company is "positioned to win in every single vertical that we operate in." Skydance includes film studios Paramount and Warner Bros.; the CBS broadcast network; a sprawling pay TV portfolio that includes CNN, TNT, MTV and BET; and streaming services Paramount+ and HBO Max."By combining Paramount and Warner Bros, we have the greatest content engine," Ellison said, noting blockbuster intellectual property and a strong sports portfolio. "You're immediately getting to scale in streaming between HBO Max and Paramount+, over 200 million global streaming subscribers. ... Not to mention the Olympics internationally, and an incredibly profitable linear portfolio anchored by CBS."Tune in at 8:30 a.m. ET as Skydance co-CEOs David Ellison and Ynon Kreiz join CNBC TV. Watch in real time on CNBC+ or the CNBC Pro stream.Ellison and co-CEO Ynon Kreiz plan to split executive duties, with Ellison focusing on the company's creative vision, technological innovations and long-term strategy while Kreiz leads the integration of the two companies and han...