TV and Streaming Get a Whole Historic Studio Lot to Themselves
Television and streaming are set to get an entire historic studio lot all to themselves, which Deadline frames as a major upgrade for those divisions.
The rearrangement comes with a floor under it. The settlement in the state attorneys general' lawsuit requires Skydance, the combined Paramount and Warner Bros. Discovery company, to keep both the Paramount and Warner Bros. lots for at least the next five years. The real estate stays in the portfolio either way; what changes is which medium calls which lot home.
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The odd part is where the guarantee comes from: keeping both lots isn't a strategy call, it's a term of the state AGs' settlement.
It's a floor rather than a ceiling — the requirement runs "at least" five years, so keeping them longer is permitted.