Karen Bass Urges Paramount’s David Ellison, California AG Rob Bonta to ‘Find Common Ground,’ Reach Settlement on WB Merger Lawsuit
"The continued uncertainty is not good for workers, not good for productions and not good for the future of this industry," the L.A. mayor says during a Thursday press conference The post Karen Bass Urges Paramount’s David Ellison, California AG Rob Bonta to ‘Find Common Ground,’ Reach Settlement on WB Merger Lawsuit appeared first on TheWrap .
Los Angeles Mayor Karen Bass has called on Paramount's David Ellison and California Attorney General Rob Bonta to find common ground and reach a settlement in the ongoing lawsuit that seeks to block the proposed $110 billion Paramount-Warner Bros. Discovery merger. The mayor's urgent plea comes amid growing concerns over the potential job losses and economic impact of the merger, which could result in the loss of nearly 4,500 TV and film jobs over the next three years, as well as 2,661 indirect jobs and 3,204 induced jobs.
Bass emphasized the urgency of the situation, stating that the continued uncertainty is detrimental to workers, productions, and the future of the entertainment industry.
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