AceShowbiz - Paramount executives confirmed on Monday that following the merger with Warner Bros. Discovery, the combined entity will retain its existing cable networks rather than selling them off.

During an analyst call, CEO David Ellison and COO and Chief Strategy Officer Andy Gordon were repeatedly asked about the future of their linear cable assets. Both emphasized that the company sees substantial value in maintaining these channels as part of their overall portfolio.

This stance aligns with comments made previously by Ellison, especially after his company Skydance acquired Paramount in August. The leadership highlighted the strategic advantage of holding onto legacy cable networks despite the evolving media landscape.

By combining Paramount’s cable business with Warner Bros. Discovery’s footprint, the executives described the resulting linear network lineup as “incredible”, underscoring their commitment to this segment of the market.

The focus on sustaining the cable network group marks a clear decision to leverage existing assets rather than pursuing divestitures, which some industry observers had speculated might occur after the merger.

Both Ellison and Gordon reiterated that the merged company will continue to build on this foundation, aiming for a strong presence across traditional TV platforms alongside their streaming and digital initiatives.