The studio is alleging that the state attorneys general challenge to the merger with Warner Bros. is all about CNN, and that they’ll leave Hollywood if they don’t get their way.
Hollywood
Posted inMoney, Politics, and Power
Challenge to Paramount–Warner Bros. Merger Focuses on Theaters, Basic Cable
The lawsuit, filed by 12 states, makes the case that a merged studio will have more leverage to dictate terms to distributors, leading to higher prices for everyone.
Posted inMoney, Politics, and Power
Investors Using Shareholder Power to Challenge Corrupt Paramount Deal
Freedom of the Press Foundation and Reporters Without Borders are using a rule under Delaware law to demand records.
Posted inMoney, Politics, and Power
The Warner Bros. Sale to the Ellisons Illustrates Perfectly Why Shareholder Capitalism Is a Disaster
99 percent of the company’s institutional shareholders voted to approve it. An equivalent share of the company’s workers and Hollywood generally opposed it.
Posted inMoney, Politics, and Power
The Deal That Could Destroy Hollywood
Paramount’s purchase of Warner Bros. would be a huge blow to filmmakers and film lovers alike.
Posted inMoney, Politics, and Power
The Wild Card in Trump’s Attempt to Control the News
State attorneys general will have a say in whether Paramount ultimately succeeds in taking over CNN, HBO, and the rest of Warner Bros. Discovery.
Posted inBooks, Arts and Culture
Lula’s Investment in Anti-Fascist Brazilian Films Wins Big at Golden Globes
The Secret Agent won the Golden Globe for Best Foreign Film and Best Actor, increasing Americans’ understanding of Brazilian cinema and history.
Posted inBooks, Arts and Culture
The Hit Hollywood Didn’t Want
Ryan Coogler’s bloodsucker blockbuster is all about Black creative freedom. No wonder the industry saw it as a threat.
Posted inMoney, Politics, and Power
Why Is Warner Bros. for Sale at All?
Its product has never been more critically or financially successful. Why is it auctioning itself off?