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The math problem hiding inside the Paramount-WBD settlement talk

Unions, exhibitors and politicians all want a negotiated Paramount-WBD settlement. A THR analysis flags the contradiction: the financing needs more than $6 billion in synergies, and the protections everyone wants would block those same savings.

Why it matters. Any settlement that guarantees output, jobs and independent operations forces Paramount to find its promised synergies elsewhere, or fail its deleveraging schedule.

Signal from hollywoodreporter.com · Joseph M. Singer · read the original.

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