How Paramount May Fight an Onslaught of Lawsuits Over Its Warner Bros. Deal
Depending on which side you ask, Hollywood is booming, or it’s in a state of crisis.
If you ask Paramount, it’ll say that tech and entertainment giants like Netflix, Amazon and Google have cornered the industry such that the only way to truly compete is through consolidation. By its thinking, a marriage of two legacy studios is not only the strongest card left to play but the only one — a move that will boost competition to the benefit of consumers and workers.
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