The Los Angeles County Board of Supervisors has voted to conduct an analysis of the $110 billion Paramount-Warner Bros. merger’s potential impact on its local economy and workforce.
The study, which will look at the deal’s impact on direct, indirect and induced employment, will be conducted by the Department of Economic Opportunity in collaboration with the Chief Executive Office and relevant County departments.
The DEO will report back in 60 days with an interim update and 120 days with final findings and recommendations. It will also develop workforce strategies, including job training and placement programs, to support and retain entertainment industry workers.
LA County’s counsel will also submit formal comments to the U.S. Department of Justice regarding potential antitrust concerns and monitor state-level review of the deal.
The move comes as Los Angeles County, which supports more than 312,000 jobs across the creative economy, has seen heightened concerns about workforce stability and long-term job growth amid production slowdowns, labor disputes, wildfires, and continued industry consolidation.
“Entertainment is more than what we watch on a screen—it’s part of who we are as Angelenos and a cornerstone of our economy. Thousands of families rely on this industry for their livelihoods, and we must protect their jobs and our signature industry,” Supervisor Lindsey Horvath said in a statement. “As the proposed merger moves forward, we need a clear understanding of its impacts on jobs, competition, and the future of storytelling. Today, we took action to support workers, strengthen our local economy, and keep Los Angeles at the center of the global entertainment industry.”
Paramount CEO David Ellison has promised to build a stronger Hollywood and said the Warner Bros. deal is a “unique opportunity to build a true champion for the creative community, one that can and will bring more stories to life, support filmmakers and talent with real scale, and compete effectively on the global stage as an independent media leader.”
“The Los Angeles area provides some of the most talented and well-trained film and television workers in the world, and it is my expectation that the commitments I have made will preserve and expand good-paying film and television jobs in the area,” Ellison wrote in a letter to California lawmakers Sen. Adam Schiff and Rep. Laura Friedman. “America already has the world’s leading entertainment workforce and world-class production facilities. It now just needs a federal film tax incentive to close the competitive gap with the rest of the world, and again attract the biggest film and TV projects, activate its highly skilled workforce, and utilize its infrastructure.”
More to come…
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