At Warner Bros., the marching order to troops is business as usual. After all, “We have been through this before with AT&T,” notes one Warner Bros. film exec. Behind the scenes at the studio amid Paramount merger limbo:
Paramount, Warners Bros. Staffers In Limbo and Denial as Merger Deal Drags On
Has there ever been an industry as predisposed to sales, dispositions, mergers and megadeals as Hollywood? Over the last century, oil companies, soda conglomerates, cable providers and Big Tech giants have gobbled up studios and networks. Wealthy investors and private equity firms too. But with entertainment in the midst of an existential fight for time and attention, the stakes could never be higher.
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