Television and streaming are primed for a major upgrade — getting a whole historic lot all to themselves. The settlement in the state AGs’ lawsuit requires Skydance, the combined company of Paramount and Warner Bros. Discovery, to keep both the Paramount and Warner Bros. lots for at least the next five years.
During a press event on the Paramount lot Tuesday, hours after the merger had closed, Skydance CEO David Ellison revealed that the two lots, each historically and currently housing film and TV, would be organized differently.
“We absolutely will keep both lots, and you’ll probably see
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