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‘It’s going to upset the balance’: how will Paramount buying Warner Bros change Hollywood?
Warner Bros might have swept the Oscars with Sinners and One Battle After Another, but the impending merger has those in the industry worried about the future
On Sunday, Warner Bros snared 11 Oscars for One Battle After Another, Sinners and Weapons, equalling the record for most wins for a single film studio. Paramount, by contrast, did not earn a single nomination.
Yet in an apparent case of a minnow swallowing a whale, Paramount is poised to gobble up Warner Bros in a deal worth $111bn. If approved by regulators, the two studios would be consolidated into one, redrawing the Hollywood map and sowing uncertainty for actors, directors and writers as well as millions of viewers.
Paramount's Makan Delrahim backs proposed WBD deal as 'procompetitive'
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