Goodbye Warner, hello Skydance: how will the major merger really impact Hollywood?
After a windier road than expected, Paramount and Warner are now one, under the banner of Skydance, and the film industry is set for a shake-up. Source: The Guardian
Cleared for Take Off: Paramount’s $111 Billion Warner Bros. Buy Greenlit By Judge
A federal judge has signed off on a settlement allowing Paramount to close its $111 billion megadeal for Warner Bros. Discovery, ending a monthslong deadlock between the studio and states challenging the acquisition. Source: THR
Paramount-Warner Bros. Deal Coughs Up Just $5 Million a Year for Indie Films
The mega-studio will spend at least $1.5 billion in additional domestic film and TV production over five years. But buried in the consent decree is this rather underwhelming promise: The company will allocate just $5 million per year to acquire … Continued