David Ellison Bought Paramount. Now He Wants Warner Bros. Plus, the 2025 Emmys Recap.
David Ellison Bought Paramount. Now He Wants Warner Bros. Plus, the 2025 Emmys Recap.  
Podcast: The Town with Matthew Belloni
Published On: Tue Sep 16 2025
Description: Matt is joined by Bloomberg’s Lucas Shaw and LightShed’s Rich Greenfield to discuss the report that David Ellison is interested in making a majority-cash bid to acquire Warner Bros. Discovery. Matt, Lucas, and Rich discuss why Ellison is doing this now after just acquiring Paramount, whether a merger like this is even possible, the ramifications of the continued consolidation in Hollywood, how valuable Warner Bros. is to Ellison, and what else Ellison could buy (02:50). Later, Lucas and Matt recap the 2025 Emmy Awards, highlighting their winners and losers and, most importantly, which after-party had the best food (25:43). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thetown@spotify.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guests: Lucas Shaw and Rich Greenfield Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices