Source: Foundation for Economic Education
by Katrina Gulliver
“Paramount Skydance and Warner Bros. Discovery (WBD) have reached a merger agreement, where Paramount will acquire WBD for $110 billion at $31 per share in cash. (The final terms of the deal have yet to be approved by the DOJ and the FCC.) But assuming it goes ahead, report author Jeff Ferry suggests: ‘At a time when the industry is struggling, the proposed merger of Paramount Global and Warner Bros. Discovery stands out as the most significant opportunity for renewed growth in years.’ The merger will create Hollywood’s largest studio, churning out 30 movies a year, and their analysis finds that if this commitment is fulfilled, it could add almost $1 billion to Hollywood’s annual investment in movie production within Los Angeles.” (05/24/26)