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VOL. I·NO. 01
FRIDAY, OCTOBER 9, 2026
  1. 001DeadlineOCT · 02English

    Paramount-WBD Deal Architect Gerry Cardinale Says Most Of $6B In Expected Cost Savings Will Not Be Layoffs

    Gerry Cardinale, architect of Paramount's $110 billion merger with Warner Bros. Discovery, stated that most of the promised $6 billion in cost savings will come from non-labor expenses like technology consolidation and real estate optimization, not mass layoffs. He also praised CEO David Ellison as a talented leader focused on transforming Hollywood into a technology-driven industry to compete with Silicon Valley.

    By Dade Hayes