The Billionaire's Bargain: A Cautionary Tale of Media Consolidation The recent settlement between Warner Bros. Discovery and Paramount has sparked a mix of relief and outrage among those who follow media consolidation.
On its surface, the deal appears to address some concerns raised by opponents – increased spending on U. S.
film production, attempts to limit price increases at movie theaters, investments in workforce training, and commitments to keep both Warner Bros. and Paramount production lots open.