Dan Walters: Deal Allowing Paramount-Warner Bros. Merger May Not Cure Hollywood’s Troubles

[Noozhawk’s note: We republish news articles and commentaries from CalMatters on state and local policy issues that affect Santa Barbara County readers.]

In sheer economic terms, Southern California’s movie and television production industry is not terribly important, generating scarcely 1% of the state’s $4 trillion-plus annual economic output.

However, Hollywood is California’s signature icon and a cultural powerhouse with global impact…

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