Movie Theater Owners Reverse Course On Paramount-Warner Bros, Now Favor Settlement Talks

The CEO and board chair of the trade organization Cinema United suggested that the merger dispute could halt box-office momentum and inject disastrous uncertainty into the marketplace.

Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, meaning all three of the country’s major theater chains are backing the $111 billion deal. “The enduring success of our industry requires a healthy theatrical ecosystem supported by financially sound studios and exhibitors that can effectively creat

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 to require the posting of the bond so they can recover losses if a court approves the merger and said the states have “ample resources to post” even a large bond.

Paramount Skydance is demanding California and other US states suing to block its merger with Warner Bros. put up $1.9 billion to cover fees the company will have to pay if the deal gets delayed, according to a lawsuit filed Monday.

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.

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

In case you didn’t already know, Paramount CEO David Ellison really wants to make sure this afternoon that everybody is clear those pesky state Attorney Generals and their antitrust lawsuit are ruining a really good $111 billion thing — and now even Mexico agrees with him. “Paramount and WBD could and would close today