Corporate Culture News

Paramount’s Warner Bros. Bid Exposes Hollywood’s Acquisition Obsession

An io9/Gizmodo opinion piece arguing Paramount’s ongoing bid to acquire Warner Bros. (backed by lawsuits and European lobbying) highlights Hollywood’s unhealthy fixation on consolidation. Despite a judge ruling the suit unfast-trakable and Warner Bros.’ shareholders favoring Netflix, the piece contends such monopolistic deals harm creativity, jobs, and media independence, and warns the pursuit could spur more aggressive acquisitions across the industry.