Paramount

That creaking sound you hear creaking is Jack Warner, the founder of Warner Bros. studio, turning in his grave. Last week, it was announced that Netflix had purchased one of Hollywood’s most respected studios for a staggering, indeed insane $83 billion – which makes Disney’s purchase of Lucasfilm for $4 billion in 2012 seem like the bargain of the century. The sale would create a monopoly the likes of which has never been seen before in the film industry. Most people assumed that such a bid – in this increasingly beleaguered business – is very, very bad news. They might be correct. That’s why it’s even more staggering that Paramount have today, with impeccable timing, announced their own hostile takeover bid for Warner, offering an even more outlandish $108.

After a spectacularly bad few weeks for the box office – with only the Predator sequel overperforming, probably because it was rated PG-13 – Paramount is no doubt eyeing the release of their Edgar Wright/Stephen King/Glen Powell would-be blockbuster The Running Man with unusual trepidation. As well they might. Although it has been marketed as an all-action thriller in the vein of the studio’s Mission: Impossible films, it comes with the slight air of tainted goods.