Cinema United President and CEO Michael O'Leary and board Chair Mike Bowers reversed the movie theater trade group's position Tuesday in California's federal antitrust fight over Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery. They urged Attorney General Rob Bonta and Paramount CEO David Ellison to negotiate because they said prolonged uncertainty threatened box-office momentum and the entertainment industry.O’Leary and Bowers said the industry’s recovery depended on the two sides discussing a resolution with protections for theaters and moviegoers.DAVID ELLISON BREAKS...
Movie theater group reverses course, urges California AG to settle $110B Paramount-Warner Bros lawsuit
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