LA County releases claim about number of Hollywood jobs to go under Paramount-Warner Bros. merger

Over 10,000 jobs may be on the chopping block as a proposed mega-merger between Paramount and Warner Bros. threatens to trigger a massive economic chaos.

If Paramount acquires Warner Bros. Discovery it will still mean a loss of thousands of jobs in Hollywood over the next three years.

The results of a court hearing today in Oakland may be a little to close for comfort for Paramount and David Ellison. Additionally, the findings of a report submitted to the L.A. County Board of Supervisors may prove very scary in terms of potential job losses and more if the $111 billion merger with Warner…

The merger of Paramount and Warner Bros. could cost about 4,500 film and TV jobs over three years, according to a new report issued by Los Angeles County. The report, prepared by CVL Economics, argues that the merger would accelerate the downturn in L.A. production, which has already cost 52,000 jobs over the last four

The county's own report projects that $1.26 billion in lost wages by workers is at stake as part of the overall hit.

There's an argument to be made that people wouldn't be all that interested in Coyote vs. Acme if it weren't for the way David Zaslav tried to kill it. By trying to shelve the project, Warner Bros. Discovery only drew attention to its habit of disappearing nearly completed movies in order to cash in on tax write-offs.

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger  CNN

Paramount’s $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, scheduled for March.

Paramount Wants $1.88 Billion Bond From States, Writers Challenging Warner Deal  WSJ

The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the acquisition in late July.

The Paramount-Warner Bros Discovery merger will face “sufficient competition” in the UK to prevent the combined Hollywood giant from gaining too much market power, the competition watchdog has said. In a full decision published on Monday, the Competition and Markets Authority (CMA) laid out why it cleared the £111bn ti