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Hollywood Reacts To Skydance-Paramount Deal: Dean Devlin Says David Ellison “No Bean Counter … A Creative First”; Theater Owners Boss “Encouraged”
Skydance Paramount Deal: Hollywood Reacts To David Ellison Leadership
For some in Hollywood, there’s a sigh of relief in Skydance ‘s $8 billion takeover of Paramount: A legacy motion picture studio and entertainment conglom will largely remain standing. This versus if Sony had actually won Paramount, in which case we’d be looking at a potential reduction in theatrical releases, a maneuver which would greatly impact both the greater production and exhibition ecosystem. “On behalf of theatre owners across the United States and around the world, NATO will look closely at the details of the proposed merger of Paramount Global and Skydance Media.
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