Dark Day For Hollywood Labor
Los Angeles — “In years to come, we’ll be able to point to this failure to put consumers over the monied interests of corporate consolidation as the tipping-point moment for media in this country.”
Those were the stark words from the Block the Merger coalition after Judge Martínez-Olguín removed the last roadblock to the Paramount Skydance-Warner Bros. Discovery merger. On Oct. 6, the $110 billion+ merger closed, creating what is now Skydance Corp. Billionaire CEO David Ellison will now control an estimated 17 media entities, including CNN and CBS.