The takeover battle that could reshape Hollywood
The tussle for Paramount has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming era.
Christoper Grimes, Anna Nicolaou and James Fontanella-Khan
Over its 98-year history, the Paramount Pictures studio lot has survived the arrival of talking pictures, bankruptcy, the Depression, the rise of TV. and a range of different owners.
The question now is whether the 26-hectare property on Melrose Avenue – the last major studio left in Los Angeles’ Hollywood district – can survive the streaming era.
Financial Times
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