Theater lobbying group Cinema United has come out in opposition to a possible merger of Warner Bros. and Paramount after Netflix dropped from the months-long bidding conflict.
“We now have been clear from the outset about our issues round consolidation, and nothing that has occurred throughout the previous 36 hours has modified that,” President and CEO Michael O’Leary stated. “Studio consolidation traditionally results in fewer films being made, and at this juncture, there is no such thing as a purpose to consider the end result right here will likely be any totally different. We proceed to induce regulators to heed the teachings of the previous.”
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