A coalition of U.S. theater owners has called on Paramount and California’s attorney general to enter settlement talks over antitrust concerns tied to the $110 billion merger with Warner Bros Discovery.
Cinema United, which represents theater operators, sent a letter to California Attorney General Rob Bonta and Paramount CEO David Ellison on Tuesday, urging a meeting to discuss safeguards for the exhibition industry. The trade group said it remains receptive to "tangible and enforceable guardrails" that could mitigate risks to movie theaters and consumers amid industry consolidation.
The appeal follows endorsements from the leaders of AMC Theatres and Regal Cinemas, two of the largest U.S. theater chains, who have publicly supported the merger. The deal, valued at $110 billion, combines Paramount’s film and television assets with Warner Bros Discovery’s portfolio, creating one of the largest media conglomerates in the entertainment sector.
Cinema United emphasized its willingness to collaborate on solutions that ensure a sustainable future for the exhibition business. Neither Paramount nor Bonta responded to requests for comment.
