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David Ellison faces steep challenges after winning Warner Bros. battle
Original: After a bruising battle for Warner Bros., David Ellison faces daunting challenges in Hollywood
David Ellison has emerged victorious from a hard-fought contest for Warner Bros., but the Los Angeles Times reports that the real work lies ahead. Industry observers say he must now turn around a troubled studio, manage heavy debt, and compete in a fast-changing entertainment market. The outcome of the bidding war and the scope of the task facing Ellison are keeping Hollywood talking.
Why now: Ellison's acquisition of Warner Bros. is a major industry power shift with uncertain consequences for the studio's future.
David EllisonWarner Bros.HollywoodLos Angeles Times
Evidence
- After a bruising battle for Warner Bros., David Ellison faces daunting challenges in Hollywood · latimes.com
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