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How David Ellison Won Over Major Movie Theaters

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How David Ellison Won Over Major Movie Theaters The world’s two largest movie theater chains just backed a merger that their peers oppose The world’s two largest movie theater chains, AMC Entertainment Holdings Inc. and Cineworld Group’s Regal Cinemas, came out in favor of Paramount Skydance’s acquisition of Warner Bros. Discovery over the last few days. In doing so, they contradicted the messaging from the main movie theater lobbying group, Cinema United, which has said the merger would be...

How David Ellison Won Over Major Movie Theaters The world’s two largest movie theater chains just backed a merger that their peers oppose The world’s two largest movie theater chains, AMC Entertainment Holdings Inc. and Cineworld Group’s Regal Cinemas, came out in favor of Paramount Skydance’s acquisition of Warner Bros. Discovery over the last few days. In doing so, they contradicted the messaging from the main movie theater lobbying group, Cinema United, which has said the merger would be bad for business.
David Ellison (PERSON) AMC Entertainment Holdings Inc. (ORG) Cineworld Group’s (ORG) Paramount Skydance’s (ORG) Warner Bros. Discovery (ORG) Cinema United (ORG)
Originally published by Bloomberg Technology Read original →