Movie Theaters Push for Settlement Talks in Paramount–Warner Merger

1 min read
Source: The Hollywood Reporter
Movie Theaters Push for Settlement Talks in Paramount–Warner Merger
Photo: The Hollywood Reporter
TL;DR Summary

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.

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