UTA CEO David Kramer says Paramount’s reported interest in acquiring all of Warner Bros. Discovery is a mixed bag for the industry.
“We would like there to be more options, not less,” Kramer said. “It’s really important, as sellers and agents for for talent who want to be able to go to different places and and utilize the market fully, that we have more buyers, not fewer buyers.”
At the same time, he continued, “We also want our buyers to be healthy.”
While the concept of a bid for WBD wasn’t a surprise, the swiftness of it was, he added. “He moved a little quicker than we probably thought he would,” the exec said of the six-week span between the close of the Paramount-Skydance merger and reports of a potential WBD overture. “But it does feel like that that’s been in the air for a wh