Paramount and Skydance have agreed to terms on an $8 billion merger. The deal will be announced in the coming days. The consensus was that Paramount merging with Sony was a bad idea. Thank the heavens that didn’t happen. Regardless, we know that this all leads to the inevitable outcome of Hollywood having only two or three studios left — it could happen in 10, max 20, years, but that’s where things are headed right now.
Schoenbrun struggled to get ‘Camp Miasma’ made after A24 passed on the project. MUBI eventually came aboard, financing the film with a $10 million budget.