nytimes.com

Cinemark and other theater chains urge settlement to clear Paramount–Warner deal

Cinemark Theatres logoCinemark Theatres
Sig4.65Sen+2.15Env0.00Soc0.00Gov+0.85
Paramount Skydance logoParamount Skydance
Sig3.25Sen+1.15Env0.00Soc0.00Gov-2.05
Warner Bros. Discovery logoWarner Bros. Discovery
Sig4.10Sen-1.10Env0.00Soc0.00Gov-1.30

Cinemark and other major theater operators backed Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery and urged states to settle their antitrust lawsuit so the merger can move forward. The states argue the combined company would gain outsize market power and has put the deal on ice. Cinemark and AMC executives cite promises they say would protect theaters.

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