Why Theater Owners Are Balking at Hollywood's Latest Mega Deal
Cinema United says the $110 billion merger could cut theater releases and change exclusive movie windows, while more than 1,000 stars and filmmakers objected.
4 Articles
4 Articles
Theater group argues against Paramount-Warner Bros merger
The president and CEO of Cinema United, Michael O’Leary, condemned Paramount Skydance’s proposed acquisition of Warner Bros Discovery at the CinemaCon convention in Las Vegas. The deal, valued at $110 billion, would combine major movie studios responsible for franchises such as “Harry Potter” and “Superman.” The big picture: Theater owners argue the merger would concentrate too much power, harming competition and consumers by potentially decreas…
Theater Chief Blasts Paramount-WBD Merger, Calls for Longer Windows
LAS VEGAS — Theater chief Michael O’Leary didn’t mince words at his annual state of the industry speech April 14 during CinemaCon, blasting the proposed acquisition of Warner Bros. Discovery by Paramount Skydance and calling for even longer theatrical windows than the 45-day exclusive studios now seem willing to proffer. On the studio merger, O’Leary … Continue reading "Theater Chief Blasts Paramount-WBD Merger, Calls for Longer Windows" The pos…
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