As Paramount, WB Discovery and Others Weigh M&A Options, Is More Consolidation Really the Answer to Hollywood’s Profit Problem?
It’s a fundamental business principle: When hard times hit, leaders of struggling companies feel the urge to merge with stronger rivals. As the new year begins, Hollywood’s largest media conglomerates are hip-deep in a cycle of merger-and-acquisition mania after years of disruption in traditional TV and film, and a particularly chaotic year in 2023. But […]