It’s a strange time to be a filmmaker. Consolidation has taken a lot of buyers and jobs from us, and it seems as if we're going to lose another. Reports have Paramount Skydance exploring a bid to buy Warner Bros. is a move that would take another studio off the table. Yeah, you read that right. The studio that brought you The Godfather and Mission: Impossible might be teaming up with the home of Batman, Harry Potter, and Game of Thrones. It’s a mega-deal that could create a Hollywood behemoth.Let’s dive in.Terms of the Deal Warner Bros. Discovery's market cap is around $39.8 billion, and Paramount's is about $17.95 billion. So if they combined, you could see a studio worth almost $60 billion, though I'll leave those numbers to the professional prognosticators. It would be a massive place that has IP spanning many different worlds and franchises that would instantly create a powerhouse. Combining the content libraries and subscriber bases of Paramount+ would finally create a profitable streamer and help shrink a landscape that's become too big and unsustainable. It's hard to know anything else based on preliminary reports. The Ever-Shrinking Hollywood LandscapeIt will be a very long road to know what happens with a deal like this. It would have to pass the Justice Department, and there are so many moving parts. The first worry is redundancies and more playoffs, which have already rocked Hollywood. After that, the most obvious takeaway is that there might be one less place...
Published By: NoFilmSchool - Thursday, 11 September