Paramount-Warner Bros. WILL BE DANGEROUS merger if handed over to the Ellisons... Paramount will NOT "save" Warner Bros. and will not deliver any promises they claim to make to the people... Paramount and Warner Bros. should remain SEPARATE... #BlockTheMerger
I say this with absolute conviction: the WB/Paramount deal would be bad not just for theatrical, but for the entire entertainment landscape.
The industry survived one massive studio merger. It was never the same afterward. Another would reshape Hollywood for a generation.
The future isn’t written yet.
So for now… resist.
The best case scenario is not another buyer with deeper pockets. It's an independent WB. The way it should be.
WB-D already had the outline of the correct solution before the bidding war: separate the declining cable networks from WB, HBO, HBO Max, DC, the television studio and games. Warner would become a focused, publicly traded entertainment company instead of being absorbed by a competitor. That plan was imperfect, particularly its debt allocation, but structurally it preserved Warner as an independent buyer, employer and theatrical supplier.
If a sale were absolutely unavoidable, the ideal buyer would be a well capitalized company that does not already own a major studio or dominant film platform, finances the purchase primarily with equity rather than mountains of debt, and accepts enforceable protections covering output, windows, employment and separate studio management for at least 7-10 years.
Warner doesn’t need another corporate parent to save it. WB, HBO, DC and its library are extraordinary assets. Outside of Disney, they have the deepest pop culture cuts. What they need is freedom from Discovery’s declining cable baggage and a viable balance sheet.
The best answer is not choosing which competitor gets to swallow Warner. It is preserving Warner as a competitor.
This isn't over.
He's said it before and he'll say it again. @RichardRushfield offers a reminder that the Paramount-Warner Bros. deal is not nearly as inevitable as it appears.
See all 10: https://t.co/dAM7Oz0Qld
Warner Bros. and Paramount should’ve remained seperate studios with their own seperate franchises. Say no to the WBD-Paramount merger. Pass it on.
#BlocktheMerger#SayNoToParamount#SaveWarnerBros