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The trend toward industry consolidation is driven by executives like David Ellison of Paramount, who recently orchestrated an $8 billion merger with Sky Dance, bringing CBS, Nickelodeon, MTV, and others under his umbrella. Ellison has openly expressed his belief that further mergers are essential to stabilize the industry and bolster streaming platforms. At a conference in Los Angeles, he highlighted that more consolidations are a necessary step for growth, hinting at future moves to acquire larger entities such as Warner Brothers Discovery.