“They bring with them new ideas, new perspectives, curiosity … They’re pushing us to get better and to do things differently—I think it’s great,” Massey told Fortune earlier this year. “We’re not siloed by generation or tenure; the senior leaders at Colgate want to hear ideas and thoughts from the more junior employees.”
Along with the deal, which values Warner Bros. Discovery at $31 per share, Paramount is making several commitments to assuage the fears of regulators and the entertainment community. Those include a guarantee that the new company will produce 30 theatrical films annually, that theatrical releases will have a minimum 45-day window in theaters before they’re brought to video on demand (something Netflix ultimately also agreed to) and that deal itself will close by Q3 2026.
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