In this episode of the California Sports Lawyer Podcast, host Jeremy Evans examines whether California’s challenge to the Paramount Skydance–Warner Bros. Discovery merger was worth the delay. A federal court temporarily halted the deal before approving a settlement with twelve states. The question is whether the challenge helped Hollywood or held back two legacy companies seeking the scale to compete.
Jeremy compares the merger with Disney’s acquisition of Fox, including the difference between a deal’s price and the revenue of the combined company. He discusses the regional sports networks Disney was required to sell, the size of Disney today, and the competition Paramount and Warner Bros. Discovery face from larger media and streaming companies.
California has already lost production spending to other locations. Jeremy considers what the settlement secured for workers and domestic film production, and whether the state could have obtained those commitments without a prolonged delay. The episode examines what California must do to keep entertainment jobs and business in the state.
(Season 8, Episode 39).
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