David Ellison referred to Paramount as being able to restore its investment-grade rating.

date
06/03/2026
Paramount CEO David Ellison, in an interview with CNBC, expressed optimism about the company regaining its investment-grade rating three years after completing the acquisition of Warner Bros. Fitch Ratings downgraded Paramount's rating to junk status this week, citing the complexity and credit risk of the $81 billion acquisition. David Ellison touted his track record of achieving synergies in the merger of Skydance and Paramount, and stated that he could also achieve the expected $6 billion in synergies in the Warner Bros. acquisition deal. He pointed out that the company expects to generate $69 billion in revenue and over $10 billion in cash flow this year. "We also have enough cash flow to manage the debt and ensure that we reach the investment grade three years after the deal is completed," he said.