In July 2023, near the peak of animosity between scribes and studios during the writers strike, a picket outside ABC’s The View in New York welcomed an ally: Federal Trade Commission chair Lina Khan. Behind closed doors, the writers union had been sharing concerns of a wave of mergers that it said left just a handful of studios like Disney, Warner Bros. Discovery and Amazon as the lone arbiters of which movies and TV shows are made, what consumers watch and how they can watch it. Flanked by protest signs name-checking Wbd boss David Zaslav to “just give up one yacht” and chants embracing themes of “exploitation,” “concentrated power” and “corporate giants,” Khan delivered a fiery speech that also effectively served as a signal to moguls seeking more mergers and acquisitions.
Since that time, feverish speculation has centered on Shari Redstone relinquishing control of Paramount Global in a megadeal or Warner Bros.
Since that time, feverish speculation has centered on Shari Redstone relinquishing control of Paramount Global in a megadeal or Warner Bros.
- 3/14/2024
- by Winston Cho
- The Hollywood Reporter - Movie News
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