Megamerger Dreams Are Dying — and Hollywood May Be Better Off

March 14, 2024

Behind closed doors, the writers union had been sharing concerns of a wave of mergers that it said left just a handful of studios like Disney, Warner Bros. Since that time, feverish speculation has centered on Shari Redstone relinquishing control of Paramount Global in a megadeal or Warner Bros. Tasked with a mandate to invigorate competition after decades of lax antitrust enforcement, regulators are taking to court to block deals. “We’ve seen over the last few decades significant consolidation and a wave of mergers and acquisitions, not all of which have ultimately served the American public,” Khan tells The Hollywood Reporter. Hollywood may be better off for it, these observers contend.