Howdy for Hollywood? Why Paramount’s threat to leave California matters
Paramount could uproot from Hollywood and take an industry with it. Source: Fox Business
Cosm to show shared-reality cinematic version of Shrek
The original film will remain the hero in its 16:9 format, while the surrounding environments across Cosm’s 12K+ LED dome and throughout its venues “evolve dynamically to complement the film’s signature humor and genre-defining narrative”. Source: AV Interactive
Paramount-Warner Bros. Deal Coughs Up Just $5 Million a Year for Indie Films
The mega-studio will spend at least $1.5 billion in additional domestic film and TV production over five years. But buried in the consent decree is this rather underwhelming promise: The company will allocate just $5 million per year to acquire … Continued
Leaked Report Details Fallout if Paramount Follows Through on California Exit Threat
Nearly 58,000 jobs and $21 billion in annual losses are on the line as the Oct. 1 merger deadline approaches. Source: THR
Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger
Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, which means all three of the country’s major movie theater chains are backing the $111 billion deal. Source: Variety
Paramount-Warner Bros. Merger Will Threaten $2.78 Billion in Economic Value, Says L.A. County
As the public perception battle over Paramount‘s attempt to seal its deal for Warner Bros. Discovery hits a fever pitch, the historic home of Hollywood — Los Angeles County — is throwing fuel on the fire. Source: THR