Cinema United Urges Paramount & California AG To Resolve Lawsuit

Key Points:

• Cinema United, representing the global theatrical exhibition industry, urges California Attorney General Rob Bonta and Minnesota Attorney General Keith Ellison to meet soon and discuss resolving California’s challenge to Paramount’s proposed acquisition of Warner Bros. Discovery.
• The letter emphasizes the importance of the theatrical exhibition industry to local economies and culture, highlighting that many members are independent or family-owned theaters crucial to their communities.
• Cinema United outlines four key elements for any resolution: maintaining or expanding wide-release theatrical productions with exclusivity; preventing increased rental costs for theaters; ensuring broad access to films without restrictive conditions; and continued reasonable access to Paramount and Warner Bros. film catalogs.
• The organization stresses the current positive momentum in the industry but warns that ongoing disruption and uncertainty demand a cooperative solution to secure long-term success for theaters and moviegoers.
• Cinema United offers its support to facilitate discussions and calls on both attorneys general to engage in good faith talks promptly to achieve a robust, industry-wide resolution.