But unlike Netflix, Paramount and Warner Bros still rely on ticket sales to bolster the returns on their movies, points out Hargreaves Lansdown's Matt Britzman "which should mean fewer films being rushed straight to streaming".

State attorneys general. Foreign approvals. Consumer lawsuits. Even without the Justice Department stepping in, Paramount still faces several roadblocks to completing its acquisition of

Two of Hollywood’s oldest studios may be consolidating into one. In a shocking twist after a monthslong bidding war, Paramount has emerged as the apparent victor in the fight to acquire Warner Bros. Netflix,