LA Film Jobs at Risk in Paramount-Warner Merger, Study Finds
TL;DR Summary
Los Angeles County’s CVL Economics study warns the Paramount-Warner Bros. merger could cost about 4,500 film/TV production jobs in LA over three years, with a ripple effect totaling around 10,360 jobs as the combined company seeks cost-cutting and may move production out of the city. Paramount says the merger would strengthen the industry with a $30 billion annual production plan, though it has not pledged to keep LA production. The deal is paused pending antitrust litigation through March 2027, with lawsuits from the WGA and state attorneys general.
- Paramount-Warner Bros. Merger Will Cost 4,500 L.A. Production Jobs, Report Finds Variety
- Paramount-WB Deal Could Cost LA 4,500 Film and TV Jobs and $2.8 Billion, Study Finds | Exclusive TheWrap
- The Bonfire of the Synergies puck.news
- Report warns Paramount-Warner merger could erase 4,500 jobs in L.A. Los Angeles Times
- Paramount-Warner Bros. Merger Will Threaten $2.78 Billion in Economic Value, Says L.A. County The Hollywood Reporter
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