George Clooney Compares Paramount ($PARA) to 'Mom-and-Pop Shop,' Warns of Hollywood's Struggles Against Walmarts and Amazons

George Clooney has expressed concerns about the changing landscape of Hollywood, likening Paramount Pictures to a 'mom-and-pop shop' that is being overshadowed by larger corporations like Walmart and Amazon. In a recent statement, Clooney emphasized that the film industry is increasingly dominated by these major players, which he believes impacts the creative control and operational dynamics of traditional studios. He noted that while Paramount is historically significant as one of the original studios, the current business environment leaves little room for influence over its direction. This commentary aligns with broader discussions in the industry regarding the challenges faced by smaller studios amidst the consolidation trends driven by larger entities.