Paramount Skydance, a subsidiary of Paramount Global, has donated 2,010 trolley libraries to a literacy initiative, with a focus on providing braille books to cater for different learner abilities.
Literacy initiative expands further with a donation of 2,010 trolley libraries , including braille books to cater for different learner abilities Wednesday 13 May 2026 - 12:00pm LOS ANGELES - Paramount Skydance has defended its attempt to buy the legendary Warner Bros. studio, in a letter to California's top lawyer whose office is probing the $110 billion bid, US media reported.
The move comes amid growing calls for regulators to block the takeover, with creators in Hollywood fearing the highly leveraged buyout will mean job cuts and a drastically scaled-back movie slate, with production going straight to streaming. In a letter addressed to state Attorney General Rob Bonta, Paramount says it is deeply committed to producing films and showing them in cinemas.
"Theatrical runs increase awareness and anticipation through marketing and word-of-mouth, and then help convert that demand into viewing when the title later becomes available on the platform," reads the letter, sent on May 7 by Paramount's Chief Legal Officer Makan Delrahim, according to the news site Semafor. The new company"will have every incentive to get more films into wider distribution on more movie theatre screens -- it is how it will compete for audiences across the entertainment ecosystem.
" In the eight-page document, Paramount reiterates its pledge to release at least 30 films per year if the acquisition is approved, with a minimum 45-day exclusive theatrical window. A bidding war for Warner Bros. , and its valuable back catalogue, erupted last year between streaming giant Netflix and Paramount, whose CEO David Ellison is the son of Oracle co-founder Larry Ellison, an ally of President Donald Trump.
A wary Tinseltown reluctantly coalesced around the Netflix bid, seeing it as the lesser of two evils, but Paramount's willingness to stump up ever greater sums eventually saw the streamer withdraw. Still, hundreds of actors and directors have signed a letter opposing the merger, arguing it will crimp production in an already struggling industry. Bonta previously announced that his office would closely scrutinise the mammoth transaction, which received final approval from Warner Bros. Discovery shareholders last week.
Combined, Paramount and Warner Bros. Discovery will encompass CNN, CBS, HBO, and Nickelodeon, as well as some of Hollywood's most valuable franchises, including"Harry Potter,""Game of Thrones," the DC Universe,"Mission: Impossible," and"SpongeBob SquarePants. "
Literacy Initiative Trolley Libraries Braille Books Different Learner Abilities Paramount Skydance Paramount Global Literacy Education
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Markets to Reassess Africa’s Investment LandscapeA fresh push is being made by leaders to rethink how to price risk on the continent and unlock investment flows into key sectors. The Africa Forward Summit 2026, hosted by Kenyan President William Ruto and French President Emmanuel Macron, aims to improve access to finance for Africa and address the perception that Africa is riskier than peer countries.
Read more »
CTU partners with LLPA to bring global AI Festival to South AfricaTo help South African businesses move beyond AI hype and into real‑world execution, CTU Training Solutions is bringing the global AI Festival to the local market in partnership with the Leading Learning Partners Association (LLPA).
Read more »
A cruise ship, hantavirus and global PTSDThe memory of the Covid-19 shock shapes how governments and publics react to any new outbreak with even a hint of international spread
Read more »
Global investors eye Africa for energy diversificationAfrica seen beyond traditional risk lens as strategic option away from politically sensitive supply regions
Read more »