Both deals raised competition concerns and are expected to face scrutiny from regulators in the US and Europe.
Thomas Clements’ eyes begin dancing as he recalls in vivid detail his first trip to Highbury. It was 1995 and Ian Wright was among the scorers as QPR were defeated. Clements – named after Michael Thomas, scorer of Arsenal’s decisive second goal against Liverpool in their 1989 title decider – points to his dad, Kevin, standing a metre away. “I was sat on his shoulders in the North Bank,” he says.
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Samsung Galaxy S26 Ultra hands-on: I need the Privacy Display feature on my iPhone ASAP
In 2022 Los Angeles County had 145,000 workers in the motion picture industry, according to the Bureau of Labor Statistics. In 2024, the most recent year for which data is available, it was 104,000. One reason is decades of consolidation—deals like this one, most of them involving layoffs. When Paramount merged with Skydance last year, it laid off about 15% of its workforce, about 2,600 employees.