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Paramount dealmaker Gerry Cardinale said the merger with Warner Bros. Discovery is aimed at growth, not cuts.
Gerry Cardinale, founder of RedBird Capital Partners and the primary architect of the Paramount-Skydance acquisition of Warner Bros. Discovery, stated that the merger is aimed at growth rather than cuts and expects the combined company's performance to impress investors. Cardinale said at the Bloomberg Screentime conference in Los Angeles on Thursday that the merged company would demonstrate a "truly meaningful growth trajectory."
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