Movie Theaters Push for Settlement Talks in Paramount–Warner Merger
TL;DR
Cinema United has reversed its opposition to the Paramount–Warner Bros. Discovery merger, urging Paramount Skydance CEO David Ellison and California AG Rob Bonta to meet promptly to negotiate a settlement with guardrails that would protect theatrical releases, prevent increases in rental terms, and keep film catalogs accessible to theaters of all sizes. The move comes as unions warn that delaying the antitrust trial could hurt industry workers and momentum at the box office, and as some theater chains push for an expedited resolution.
Topics:entertainmentbusiness#antitrust#box-office#business#cinema-united#paramount-warner-merger#theaters
- Movie Theater Owners Reverse Course on Paramount-Warner Bros., Now Favor Settlement Talks The Hollywood Reporter
- Theater Chains Back Paramount-Warner Deal That States Say Will Hurt Them The New York Times
- Cinema United Urges Paramount & California AG To Resolve Lawsuit Deadline
- Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger Variety
- Cinemark Joins Regal, AMC in Supporting Paramount Warner Bros. Merger IndieWire
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