Will Paramount’s creation of Skydance test France’s cultural exception?
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Paramount has completed its $110 billion acquisition of Warner Bros. Discovery to form Skydance, a media giant incorporating studios like Warner Brothers, Paramount Pictures, HBO, Paramount+, and news networks CNN and CBS. The merger followed a bidding war against Netflix and approval after a federal ruling defeated antitrust challenges from 12 US states. The deal raises concerns among critics regarding job cuts, editorial independence under David Ellison—whose family is linked to US President Donald Trump—and whether the heavily indebted studio will adequately fund and prioritize French creativity under France's cultural exception.
Continue in the app — vote & join in ➔Source: France 24 (EN) · via ahirlevel.hu