Paramount-Warner Bros Penalty If Merger Fails To Release 30 Pics A Year: Divest Miramax

One of the settled terms negotiated by the Gang of Four AGs in Paramount’s union of Warner Bros is that if the combined merger doesn’t yield the annual film commitment of 30-plus films, they may have to divest Par sister label Miramax. Such a divestiture would be required if Paramount fails to make up for […]