Top Tweets for #BlockTheMergerASAP
If you still think a Paramount/WB merger would be good for the industry, consider this exhibit:
Disney’s 20th Century currently has just 3 films set for release in 2027:
ICE AGE: BOILING POINT
BEACH READ
THE SIMPSONS MOVIE SEQUEL
Three films. For the entire year.
As you were.
AMC Theatres boss Adam Aron pushes for the Paramount-Warner Bros. merger and writes: "It’s critical to the industry’s future that this transaction be completed as soon as possible."
"The proposed Paramount-Warner Bros Discovery merger is poised to create a powerful combined company, one that will have the scale and the passion to deliver even more such films to theater screens the world over. It’s a move that is feared by some, but in our strongly held view, this instead is a step forward that should be welcomed and celebrated. Perhaps that’s why Paramount’s action to strengthen itself has already been cleared by competition authorities and regulators in the United States, Europe and throughout the world, as of this writing in some 65 countries globally already.
It’s critical to the industry’s future that this transaction be completed as soon as possible, so that we all can build on the momentum that finally — after six tough years — only recently has been established..."
Read the op-ed here: https://t.co/A4Agpo6hLP

Warner Bros. Discovery has a $7 BILLION escape hatch.
If antitrust is still the only holdup on June 4, 2027, WBD can walk from the Paramount deal and collect a $7B regulatory termination fee.
Via Puck News

AMC Theatres Chief Adam Aron Pushes for Paramount Warner Bros. Merger, Says 'Thanks, But No Thanks' to State AG’s Blocking Deal https://t.co/TY6LhaFAPD
AMC Theatres boss Adam Aron pushes for the Paramount-Warner Bros. merger and writes: "It’s critical to the industry’s future that this transaction be completed as soon as possible."
"The proposed Paramount-Warner Bros Discovery merger is poised to create a powerful combined company, one that will have the scale and the passion to deliver even more such films to theater screens the world over. It’s a move that is feared by some, but in our strongly held view, this instead is a step forward that should be welcomed and celebrated. Perhaps that’s why Paramount’s action to strengthen itself has already been cleared by competition authorities and regulators in the United States, Europe and throughout the world, as of this writing in some 65 countries globally already.
It’s critical to the industry’s future that this transaction be completed as soon as possible, so that we all can build on the momentum that finally — after six tough years — only recently has been established..."
Read the op-ed here: https://t.co/A4Agpo6hLP

SAG-AFTRA Announces Support for Lawsuits Challenging Merger of Paramount, Warner Bros.
Read more: https://t.co/YvIpzXR7o3

The Ellison family will have to pay $9.8 BILLION if the Paramount-Warner Bros. deal collapses.
• WB shareholders would get a $7B termination fee
• Netflix would receive a $2.8B fee

Larry Ellison and his family would be on the hook for $9.8 billion if Paramount’s deal to buy Warner Bros. Discovery falls apart. https://t.co/Wj9UHEN4qh
SAG-AFTRA Announces Support for Lawsuits Challenging Merger of Paramount, Warner Bros.
Read more: https://t.co/L4Yrr2CejE

SAG-AFTRA Announces Support for Lawsuits Challenging Merger of Paramount, Warner Bros.
Read more: https://t.co/L4Yrr2CejE

Some top execs at Warner Bros. Discovery are privately rooting for the 12 states that have sued to block Paramount Skydance’s WBD takeover to win in court and get the merger nixed:
• Multiple sources tell Variety that there’s a sizable contingent of Warner Bros. staffers who don’t want the merger to happen
• While some hold out hope that the Paramount pact will hit a legal landmine, others have accepted that the $111B merger will go through
“We need more information… People have more questions than anything else,” says one WBD exec. “I don’t pick up on resignation as much as people just wanting to know what they’re looking at. Like, are we planning for the upfront next year?” The answer to that, the exec adds, is that “you have to — because if this does drag out, it could take a year from now” before the deal closes.
https://t.co/sT24dcDjhp

Paramount Skydance agrees to freeze its merger with rival entertainment conglomerate Warner Bros. Discovery until as late as next June while a federal judge weighs a lawsuit from a coalition of state attorneys general challenging the deal. https://t.co/cbmXApnpPM
David Ellison has addressed the Paramount-Warner Bros. merger delay in a staff memo, saying he remains "highly confident" the deal "does not pose any legal issues" despite the states' lawsuit:
"We believe this is the right path because the facts and the law are on our side, and a full hearing will demonstrate why the plaintiffs’ arguments should not prevail."
https://t.co/g1hIgC376c

“They had a belief this was the fastest way to get to scale. Now they are in a multiyear acquisition mess,” said LightShed Partners analyst Rich Greenfield. ((@RichLightShed))
https://t.co/DpBwNUxIBT via @WSJ
Paramount CEO David Ellison emails the company to tell them the deal is on hold. “Let’s go!”

Benedict Cumberbatch, Benedict Wong & Alan Cumming have written an op-ed together, asking for the UK Government to block the Warner Bros/Paramount merger.
“A TV and cinema calamity could be disastrous for what you watch and what you know. Act now to stop that.”
🔗: https://t.co/1wOiYt8hHF

Benedict Cumberbatch, Alan Cumming and Benedict Wong Urge U.K. Government to Block Paramount-Warner Bros. Merger in Op-Ed: ‘It Threatens to Inflict Immense Harm’ https://t.co/n3KrVpQLWa
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