The three largest US movie theater chains—AMC, Regal, and Cinemark—have all expressed support for the $110 billion merger between Paramount and Warner Bros. Discovery, urging California to settle its antitrust lawsuit against the deal. This backing follows concessions from Paramount CEO David Ellison, including commitments to produce 30 theatrical movies annually and maintain a 45-day exclusive theatrical window. The theater chains fear a prolonged court battle could harm the recovering film industry. The lawsuit, led by California AG Rob Bonta, argues the merger could reduce competition, leading to higher prices and less content. However, the theaters’ support weakens this claim, as they rely on competition between the studios. Paramount remains optimistic about closing the deal despite a trial set for March 2027 and potential daily penalties if no settlement is reached by October 1.
