Theater Chains Back Paramount-Warner Deal

Theater chains back Paramount-Warner deal

LOS ANGELES — A dozen state attorneys general say David Ellison’s takeover of Warner Bros. Discovery would hurt movie theaters. In a coup for Ellison, theater chains controlling 60% of the U.S. market have now said the opposite.

Financial News Network - Movie theater group reverses course, urges California AG to settle $110B Paramount-Warner Bros lawsuit

Cinema United reversed its stance on Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, urging settlement talks with Rob Bonta.Read More …

Letter: movie theater trade organization Cinema United, which previously supported the AGs' lawsuit against Paramount's WBD deal, now favors settlement talks (Katie Kilkenny/The Hollywood Reporter)

Katie Kilkenny / The Hollywood Reporter: Letter: movie theater trade organization Cinema United, which previously supported the AGs' lawsuit against Paramount's WBD deal, now favors settlement talks  —  The CEO and board chair of the trade organization Cinema United suggested that the merger dispute could halt box office momentum …

Exhibitor Trade Group Reverses Stance, Calls on States, WGA to Settle With Paramount

In a reversal, Cinema United, the trade group representing theater operators in the U.S., has issued a statement calling on the 12 states and the Writers Guild of America to settle their antitrust lawsuit against Paramount. The states, led by California Attorney General Rob Bonta, and the WGA filed a suit against Paramount alleging its … Continue reading "Exhibitor Trade Group Reverses Stance, Calls on States, WGA to Settle With Paramount" The p…

Cinema United alters stance on Paramount-WBD merger, urges ...

”We write to encourage you both to meet in the immediate future and discuss all possible avenues.”