From The Hollywood Reporter · Katie Kilkenny · · 1m 20s
Paramount-Warner Bros. Merger Opponents React
12 states settle with David Ellison over Paramount-Warner Bros. merger.
In brief
12 states settle with David Ellison over Paramount-Warner Bros. merger. 12 states settled with David Ellison to block Paramount-Warner Bros. merger after opponents raised concerns about job losses and media consolidation. Originally reported by The Hollywood Reporter.
Opponents react to merger settlement
Opponents to the Warner Bros. Discovery, Paramount megamerger reacted with alarm and dismay as 12 states settled with David Ellison's company.
Settlement terms include job protections
The deal includes spending more on U.S. film production, limiting movie theater price increases, workforce training, and keeping both production lots open.
American Economic Liberties Project statement
The American Economic Liberties Project's senior advisor Alvaro Bedoya said billionaires bribed, censored, and bullied their way to the top, creating a media conglomerate allied with the president.
Job impact of merger
A report found 4,500 job-years directly at risk and 2,661 job-years indirectly at risk from the merger, plus 3,204 jobs from unrelated businesses.
Block the Merger coalition response
The Block the Merger coalition called the settlement a bad deal for film, entertainment, independent journalism, and democracy, vowing to continue efforts to stop media consolidation.
Mark Ruffalo's criticism
Actor Mark Ruffalo posted on X that Gavin Newsom handed a huge win to Trump and his billionaire cronies through the merger.
The big picture
12 states settled with David Ellison to block Paramount-Warner Bros. merger after opponents raised concerns about job losses and media consolidation.
