US EditionExclusive: Left-of-Center Groups Plead with AGs to Stop WBD-Paramount Deal
The merger combines HBO, Showtime, and Paramount+ with $6 billion in planned savings, risking thousands of layoffs among 53,000 employees amid heavy debt financing.
9 Articles
9 Articles
After putting a $110 billion bid on the table, Paramount has officially taken over Warner Bros. Discovery. The operation will bring together a large amount of business licenses for a company that will now rival you on streaming with Netflix, thanks to having acquired HBO Max’s property with the content package. But this is not just bad news for the “great red N,” it also poses a big problem for a whole string of cancelled actors that Paramount d…
Why Is Paramount Hiring So Many Men With Troubled Pasts?
David Ellison and Paramount Pictures have a message for Hollywood’s canceled #MeToo men: We’re hiring. Barely six months after merging with Skydance, Paramount counts in its ranks screenwriter Max Landis, actor Johnny Depp, animation chief John Lasseter, director Brett Ratner and former NBCUniversal CEO Jeff Shell, who has served as president since the Skydance takeover. All five men faced accusations of sexual misconduct before they were hired,…
The Double Whammy Of The CBS, Warner Brothers Mergers Will Be A Layoff Nightmare
You might recall that Paramount and CBS had only just started to lay off workers in the wake of the merger with David Ellison's Skydance. Now, after Ellison (or more accurately his dad and the Saudis) dramatically overpaid for Warner Brothers ($111 billion plus numerous incentives), the overall debt load at the company is so…
Hollywood Faces Job Losses Amid Paramount and Warner Bros Discovery Merger
Thousands of Hollywood workers could lose their jobs. That's the reality facing more than 53,000 employees at Paramount and Warner Bros Discovery as the two entertainment giants finalise a $110 billion (£82.3 billion) merger that will bring HBO, Showtime, and Paramount+ under one corporate roof for the first time. Paramount CEO David Ellison tried to calm nerves on an investor call last week, claiming 'the majority of our synergy target comes fr…
Exclusive: Left-of-center groups plead with AGs to stop WBD-Paramount deal
The ScoopA coalition of center-left and progressive groups is sending a message to Democratic attorneys general: Stop Paramount’s acquisition of Warner Bros. Discovery.In a letter shared with Semafor on Friday, nearly two dozen groups — including the Center for American Progress, American Economic Liberties Project, Public Citizen, the American Federation of Teachers, and others — told top Democratic state law enforcement officials to take antit…
Paramount Skydance Chief David Ellison: CNN Will 'Be in the Truth Business' After Warner Bros. Merger
Paramount Skydance chief David Ellison sought Thursday to calm fears over the future of CNN, pledging to protect the news network’s editorial independence as his company closes in on a landmark takeover of Warner Bros. Discovery. The post Paramount Skydance Chief David Ellison: CNN Will ‘Be in the Truth Business’ After Warner Bros. Merger appeared first on Breitbart.
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