Cameron Backs Paramount-WBD Merger Amid Industry Backlash

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Source: TheWrap
Cameron Backs Paramount-WBD Merger Amid Industry Backlash
Photo: TheWrap
TL;DR

James Cameron says he supports Paramount's planned $111 billion merger with Warner Bros. Discovery and believes David Ellison is the right leader to run a multi-studio powerhouse, even as a large sector of the industry campaigns to block the deal. Cameron has a history with Ellison and previously criticized Netflix’s theatrical approach; meanwhile, an open letter from the Democracy Defenders Fund with over 2,000 signatories urges regulators to scrutinize and potentially block the transaction.

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