Lionsgate CEO Supports Paramount-Warner Merger, Says Bolstered Paramount+ ‘Would Be Better For Us’
"Uncertainty and delay is not good for anybody," Jon Feltheimer adds The post Lionsgate CEO Supports Paramount-Warner Merger, Says Bolstered Paramount+ ‘Would Be Better For Us’ appeared first on TheWrap .
Lionsgate CEO Jon Feltheimer expressed his endorsement for the proposed Paramount-Warner Bros. merger during the studio's latest earnings call. Feltheimer believes that a stronger Paramount+ could be advantageous to Lionsgate's television division by providing more opportunities for securing deals with the streaming platform. He praised David Ellison, the CEO of Paramount Skydance, for his love of content and willingness to invest heavily in programming.
Feltheimer highlighted a recent Lionsgate deal with Paramount+ for an upcoming thriller series, "Trauma," which he described as "Die Hard" in a hospital setting. The CEO also mentioned potential opportunities for co-financing feature films, which could benefit both Lionsgate and the entire industry. While C-suite executives and some cinema CEOs support the merger, labor and grassroots organizers oppose it.
The merger faces a final hurdle with lawsuits from California Attorney General Rob Bonta and other state attorneys general, as well as the Writers Guild of America, preventing it from closing by March 2027.
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