Union, Lawmakers, Performers Condemn Paramount’s Mega-Merger
Hollywood, Calif.—In an orgy of tons of money being thrown around, one monster Hollywood entertainment conglomerate, Paramount, bought another, Warner Bros. Discovery, in a $110 billion mega-merger, which could leave unions, workers, consumers, and lawmakers on the outside looking in while CEOs enrich themselves and an oligopoly’s clout grows larger.
And that’s even without taking into consideration that big Donald Trump pal David Ellison, the Paramount CEO, hosted the president at a downtown D.C. bash the night of the deal, April 23. That’s not a coincidence.