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✉news BusinessEconomy first seen 20 h ago, last 14 h ago, peak #12

Paramount-Warner Bros. merger seen as threat to California film industry

Original: Paramount-Warner Bros. merger threatens California’s economy, film industry

A potential merger between Paramount and Warner Bros. is drawing concern in California, where commentators warn it could damage the state's economy and its flagship film industry. The argument, laid out in commentary from Los Angeles, is that consolidation of the two major Hollywood studios would concentrate jobs and production power, putting California's entertainment workforce and related local businesses at risk.

Why now: Concerns over studio consolidation and job losses are timely as Paramount pursues a deal with Warner Bros.

ParamountWarner Bros.CaliforniaHollywood

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