First, we saw Amazon swallow MGM, as the studio that once boasted “more stars than there are in heaven” was absorbed by the same company that drove bookstores out of business. Then came the Disney-Fox merger, in which one of the industry’s most prolific studios — the one that gave us everything from “Star Wars” to “The Sound of Music” — was downsized to a spare room of the Mouse House.
Next up appears to be Warner Bros. Discovery, whose shield-shaped logo adorns the water tower looming over its Burbank lot. But not even that can protect the 102-year-old Hollywood institution from being bought out, either by deep-pocketed David Ellison (fresh off his acquisition of Paramount) or an even bigger bidder.
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