Neon chief tom quinn rejects merger talks and corporate models

Neon co-founder and CEO Tom Quinn spoke out against major studio mergers during a recent industry conference. He dismissed the notion of combining companies like Neon and A24 as unrealistic.

Quinn addressed the topic at the Produced By Conference held on the Universal lot. He responded to questions about the planned Paramount-Warner Bros merger and its potential effects on independent distributors like Neon. “The idea of putting two of those companies together — how you would you feel like if A24 and Neon merged? That would be ridiculous,” he said. Quinn also stated that he would not survive a day in a major studio environment due to excessive politicking and layers of management that prevent decisions from being made.

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Michael De Luca speaking at a conference about Hollywood film development budgets.
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Michael De Luca warns Hollywood about cutting development budgets

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Warner Bros. Pictures co-chair Michael De Luca cautioned against slashing spending on original film development during a Q&A at the Produced By conference on May 30.

Movie theater owners through Cinema United have sent letters to state attorneys general associations, calling for an investigation and block of the proposed Paramount-Warner Bros merger. The group warns that the deal could reduce competition, raise ticket prices, and harm local communities. Cinema United's leader Michael O’Leary highlighted risks to Main Street businesses and smaller theaters.

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As CinemaCon 2026 kicks off in Las Vegas, theater owners are focused on the pending merger between Paramount and Warner Bros, expected to close before the end of the year. Paramount CEO David Ellison has pledged to produce 30 films annually while keeping the studios separate. Exhibitors express mixed views amid concerns over output and box office impact.

Row K Entertainment's top executives, including president Megan Colligan, are negotiating their departures amid the company's financial difficulties. The parent firm, Media Capital Technologies, is shifting toward more commercial projects. Meanwhile, the Maude Apatow comedy Poetic License seeks a new distributor.

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During a media call ahead of AEW Revolution, Tony Khan voiced excitement about Paramount's acquisition of Warner Bros. Discovery, calling it huge for All Elite Wrestling. He highlighted the secure future for AEW's platforms and expressed a desire to share airtime with UFC. Khan emphasized his strong relationships with key figures in the evolving media landscape.

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