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.

David Ellison, chairman and CEO of Paramount Skydance, reaffirmed plans to release 30 films theatrically each year following the merger with Warner Bros. Discovery. The company anticipates significantly lower theatrical revenue in 2026 despite nearly doubling its film slate. Ellison described the pending acquisition as a 'powerful accelerant' to the company's strategy.

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Lawyers for Paramount and a dozen state attorneys general sparred Friday over the definition of a blockbuster film during a hearing on an antitrust challenge to the studio's proposed merger with Warner Bros. Discovery.

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