Cinemark Backs Paramount-Warner Discovery Merger, Joining Theaters in Support
Cinemark endorsed the Paramount-Skydance and Warner Bros. Discovery merger, joining AMC Theatres and Regal Cinemas in backing the $111 billion deal. The studio-exhibitor alignment hinges on written commitments to boost releases (about 30 per year) and preserve theatrical windows (at least 45 days). Cinema United remains opposed, while Paramount’s Ellison has tied support to these pledges and warned he could relocate Paramount out of California if antitrust talks falter amid a 12-state lawsuit blocking the takeover. The backdrop is a healthy box office this summer, adding pressure to resolve the merger.