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It has been months in the making but Paramount Skydance has finally completed its $110bn (£82.8bn) merger with Warner Bros Discovery.
Paramount slams actor Mark Ruffalo for invoking antisemitic tropes over the Warner Bros. Discovery merger. Ruffalo fires back, calling the accusations appalling and fundamentally dishonest.
A photo illustration depicts the Paramount and Warner Bros. logos merging. Columnist Emilio Lois argues that this merger will hurt Los Angeles’ economy. (Photo by Crystal Tompkins/Daily Bruin senior staff. Photo illustration by Haley Park/Illustration & Cartoons director)
In an aerial view, the Warner Bros. logo is displayed on the water tower at Warner Bros. Studio in Burbank, California, Sept. 21. bank-TNS
On Monday, Paramount CEO David Ellison, taking a victory lap after securing a settlement that gives the go-ahead to acquire Warner Bros. Discovery, told staff in a memo that the $110 billion combination would mean “more opportunity for our creatives, production crews and employees across the business, and more great entertainment for audiences everywhere.”
A new report is putting hard numbers on a fear that has been building in Hollywood for months. If the Paramount Skydance and Warner Bros. Discovery merger goes through, Los Angeles County could lose about 4,500 direct film and television jobs over the next three years.
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The fakakta Paramount-Warner Bros. Discovery merger is in the news again, because of court proceedings culminating at the end of the week, so let’s check on the state of things. In short: bad! A dozen state attorneys general, including the one from California, which we will come back to, have filed for a temporary restraining…
The Writers Guild of America has taken legal action against Paramount’s proposed $110 billion takeover of Warner Bros. Discovery, aiming to thwart the merger due to potential anti-competitive consequences within the film and television screenwriting sectors.