Paramount Skydance, Warner Bros. staffers fear…
Paramount Skydance CEO David Ellison’s $6 billion in deliberate price cuts as half of a merger with Warner Bros. Discovery has triggered fears of devasting layoffs as two of Hollywood’s largest studios and streamers transfer to mix, according to studies.
Ellison reaffirmed his objective of $6 billion in “synergies” – or an erasure of duplicate groups – if Paramount Skydance achieves regulatory approval for its acquisition of WBD, including HBO Max, GWN, 1000’s of Warner movie titles and 30 soundstages in California.
WBD’s board signed the settlement Friday morning…
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