Paramount and Warner Bros. Merger

The merger has sparked a massive backlash from Hollywood's creative community, with over 3,000 actors and directors signing a petition against the deal.

Critics fear that the consolidation will lead to fewer films being made and higher costs for consumers.

Ellison attempted to quell these concerns by committing to a 45-day exclusive theatrical window for all major releases.

The presentation at CinemaCon also included first looks at upcoming blockbusters like 'Top Gun 3' and a new 'Street Fighter' adaptation, signaling a robust production slate despite the corporate upheaval.