{"id":2246,"date":"2026-03-08T04:48:07","date_gmt":"2026-03-08T04:48:07","guid":{"rendered":"https:\/\/www.europesays.com\/news\/2246\/"},"modified":"2026-03-08T04:48:07","modified_gmt":"2026-03-08T04:48:07","slug":"paramount-eyes-changes-to-studio-lot-following-warner-bros-merger","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/news\/2246\/","title":{"rendered":"Paramount Eyes Changes to Studio Lot Following Warner Bros. Merger"},"content":{"rendered":"

\n\tAfter it was announced that Paramount<\/a> Skydance acquired\u00a0Warner Bros<\/a>. Discovery last week, Hollywood is anticipating changes are coming. <\/p>\n

\n\tAnd in a reported piece from the Los Angeles Times<\/a>, one of those changes will involve redundant assets including real estate. <\/p>\n

\n\tParamount\u2019s most notable properties are the legendary studios in Burbank and Hollywood, where films classic films such as Titanic, The Godfather, Sunset Boulevard and Breakfast at Tiffany\u2019s, among many others, were worked on. <\/p>\n

\n\t\u201cBoth of these studios are in the core [30-mile zone,] the inner circle of where Hollywood talent wants to be,\u201d entertainment property broker Nicole Mihalka told the L.A. Times. \u201cIt\u2019s very prime real estate.\u201d<\/p>\n

\n\tIn 2024, when\u00a0Sony and Apollo bid for Paramount, they planned to sell the Paramount property, but the L.A.Times noted, \u201cthere is no indication that Paramount would part with its namesake lot.\u201d<\/p>\n

\n\tFor now, the outlet reports that Paramount\u2019s plan is to keep both studios operating with each separate studio releasing about 15 films a year. However, the goal is to eventually consolidate many of the studio operations around the Warner Bros. lot in Burbank to eliminate redundancies with the Paramount lot on Melrose Avenue, people close to David Ellison said.<\/p>\n

\n\tParamount is not looking to destroy their lot, but instead evolve other parts of it and rent space for commercial offices and possible retail use, allowing for construction of up to 1.9 million square feet its locations. The L.A. Times also reports that the space may be leased out for film productions, including those of Paramount and HBO\u2019s combined streaming options. <\/p>\n

\n\tMihalka added that both the Warner Bros. and Paramount lots \u201care two of the most prime pieces of real estate in the country.\u201d She continued, \u201cThese are legacy assets with a lot of potential to be [tourist] attractions in addition to working studios.\u201d <\/p>\n

\n\tNetflix was on the track to acquire Warner Bros., though the company backed out<\/a> of the bidding war on Feb. 26. Paramount ultimately won<\/a> said bidding war, in $111 billion megadeal that will see Paramount pay $31 per share for WBD.<\/p>\n","protected":false},"excerpt":{"rendered":"After it was announced that Paramount Skydance acquired\u00a0Warner Bros. Discovery last week, Hollywood is anticipating changes are coming.…\n","protected":false},"author":2,"featured_media":2247,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8,9,296,7,2120],"class_list":{"0":"post-2246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-stories","8":"tag-headlines","9":"tag-news","10":"tag-paramount","11":"tag-top-stories","12":"tag-warner-bros"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@news\/116191749928886564","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts\/2246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/comments?post=2246"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/posts\/2246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/media\/2247"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/media?parent=2246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/categories?post=2246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/news\/wp-json\/wp\/v2\/tags?post=2246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}