2 months ago
The Los Angeles County Board Of Supervisors voted to behaviour an study of nan projected Paramount-Warner Bros. Discovery merger, including connected nan intermezo manufacture workforce.
The study will beryllium led by nan Department of Economic Opportunity, pinch an interim study owed successful 60 days and last findings and recommendations successful 120 days. The section will create things specified arsenic occupation training and placement programs, and region counsel will taxable comments to nan Justice Department, which is reviewing nan transaction’s effect connected competition.
Supervisor Lindsey Horvath, who brought nan motion, said successful a statement, “As nan projected merger moves forward, we request a clear knowing of its impacts connected jobs, competition, and nan early of storytelling.”
A Paramount spokesperson did not instantly return a petition for comment.
Paramount CEO David Ellison wrote successful a missive to Sen. Adam Schiff (D-CA) and Rep. Laura Friedman (D-CA) that nan mixed institution will proceed licensing contented to its ain and third-party platforms while remaining progressive buyers of contented from third-party studios and independent producers. It besides will sphere theatrical and location video windows. Collectively, Ellison wrote, specified commitments will “help sphere bully jobs and grow opportunities for workers successful California and successful nan United States.”
