According to Lehman, Paramount’s megadeal to merge with WBD “is quite straightforward: We believe the transaction should be reviewed on the merits. And on the merits, the transaction is procompetitive.”

Lehman continued, “Most importantly, a Paramount Skydance/Warner Bros.

Discovery transaction is all about increasing the amount of content released in theaters and streaming platforms. This increase in content will create competition and greater demand for creative talent. We want customers in theaters, where they can experience the full moviegoing experience, and the increased number of theatrical releases that the combined company will generate will provide our streaming platform with an impressive array of content that will check the dominance of rivals like Netflix.”

by ShishKabobCurry

17 Comments

  1. Money. It’s always about money, not some righteous crusade to improve things for the end consumer.

  2. Inside-Cell6876 on

    It’s morally correct to only pirate this guy’s movies so I say the more the merrier 

  3. “A Paramount Skydance rep declined to identify which member of the Ellison family had died.”

    Oh. So he is lying. 

  4. DarthBluntSaber on

    I guess the deal just isnt that important to him and it should be blocked by default.

  5. Media has no balls or conviction to tell the truth anymore because they are all owned by these bratty billionaires who don’t want their secrets exposed. It’s not that he *cant* attend but doesn’t want to and won’t.

  6. “We are going to put movie theaters on life support and create artificial demand for them by limiting your ability to stream things because we believe we can make you pay us more.”

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