Paramount is set to complete its acquisition of HBO's parent company, Warner Bros. Discovery, on Tuesday. The $110 billion deal, which will form a new entertainment company named Skydance, received approval last week from U.S. District Judge Araceli Martínez-Olguín.
David Ellison will lead Skydance. The merger had faced delays for months due to antitrust concerns.
Concerns have been raised that Ellison may implement significant job cuts and changes to Warner Bros. properties, including CNN and HBO. This follows previous actions at CBS News and Paramount's decision to cancel Stephen Colbert's The Late Show last year.
John Oliver, whose contract for Last Week Tonight was recently renewed through 2027, did not address the merger on Sunday's episode of his show, despite having publicly criticised the potential deal in 2025.