English Entertainment
Entertainment Studios’ $20 billion lawsuit against Comcast, Time Warner Cable & Sharpton reopened
MUMBAI: Federal Judge Terry Hatter has issued a ruling re-opening the $20 billion racial discrimination in contracting lawsuit filed by Entertainment Studios Networks, Inc. and the National Association of African-American Owned Media (NAAAOM).
“I have always believed in this historic case. I am confident we will prevail,” said Miller Barondess, L.L.P. partner and lead attorney for the plaintiffs Louis R. (Skip) Miller.
“We will continue to vigorously pursue Comcast and Time Warner Cable, who spend approximately $25 billion annually licensing cable networks with less than $3 million going to 100 percent African-American owned media,” said NAAAOM president Mark DeVitre.
“We will not stop until the discrimination stops and we achieve true economic inclusion,” said Entertainment Studios founder, chairman and CEO Byron Allen.
English Entertainment
Ellison takes his Paramount-Warner Bros case straight to theater owners
The Skydance chief goes to CinemaCon with promises and a skeptical crowd waiting
CALIFORNIA: David Ellison strode into a room packed with thousands of cinema owners and executives at CinemaCon in Las Vegas on Thursday and did something rather bold: he looked them in the eye and asked them to trust him.
The chief executive of Paramount Skydance vowed that his company would release a minimum of 30 films a year if regulators greenlight its proposed $110 billion acquisition of Warner Bros Discovery, a deal that has made theater owners deeply, and loudly, nervous.
“I wanted to look every single one of you in the eye and give you my word,” Ellison told the crowd. “Once we combine with Warner Bros, we are going to make a minimum of 30 films annually across both studios.”
It was a confident pitch. Whether it landed is another matter. Cinema operators have already called on regulators to block the deal, and scepticism in the room was hardly concealed.
Ellison pushed back by pointing to recent form. Paramount, born from the merger of Paramount Global and Skydance Media last August, plans to release 15 films this year, nearly double the eight it put out in 2025. Progress, he argued, was already underway.
He also threw theater owners a bone they have long been chasing: all films, he pledged, would run exclusively in cinemas for a minimum of 45 days, drawing applause from a crowd that has spent years fighting for exactly that commitment across the industry.
“People can speculate all they want,” Ellison said, “but I am standing here today telling you personally that you can count on our complete commitment. And we’ll show you we mean it.”
Fine words. The regulators, however, will have the last one.
