Paramount Plans Changes to Iconic Lot After Warner Merger

Big news from Hollywood - Paramount, now teaming up with Warner Bros. in a massive $111 billion deal, eyes big shifts at its historic 65-acre Melrose Avenue studio lot. With $79 billion in debt from the acquisition, they're consolidating most production over to Warner's huge Burbank lot, which boasts over 30 soundstages where classics like Casablanca and Friends were made. The plan? Read more about this...