Paramount-WBD merger and labor split
Merger paused for antitrust trial until June 2027. LA County lawsuit cites 4,500 job losses (updated from 2,500), $4B economic output at risk. DGA/IATSE break from WGA/SAG-AFTRA, urging settlement. Paramount board approves relocation plan with $7M/day ticking fee. Labor split signals divergent union strategies.
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Updated Aug 21, 2026