Theater Owners Take Their Battle Over Paramount-WBD Merger To Attorneys General Associations: “Main Street America That Will Suffer The Most”

Cinema United CEO Michael O'Leary sent letters this week to Paramount executives nine days ahead of the CinemaCon meeting in Las Vegas, signaling a potential pre-conference escalation between the exhibitor lobby and a major studio. The move is largely reputational and industry-politics focused and is unlikely to have a material near-term impact on studio or exhibitor equities.

Analysis

Cinema United CEO Michael O'Leary sent letters this week to Paramount executives nine days ahead of the CinemaCon meeting in Las Vegas, signaling a potential pre-conference escalation between the exhibitor lobby and a major studio. The move is largely reputational and industry-politics focused and is unlikely to have a material near-term impact on studio or exhibitor equities.