Warner Bros. Discovery
Judge halts Paramount and Warner merger for at least two weeks, granting states’ request
NEW YORK | A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court. Twelve states, led by California, sued to block Paramount’s pending buyout of Warner last […]
12 states, including Colorado, say Paramount-Warner merger would ‘extinguish competition’
NEW YORK | Twelve states sued to block Paramount’s takeover of Warner Bros. Discovery on Monday, arguing that the $81 billion merger would “extinguish competition” in Hollywood and lead to fewer choices for consumers across the U.S. “Audiences on every sofa and in every movie (theater) seat would feel the impact of this unlawful merger,” […]
Paramount Skydance merger with Warner Bros. Discovery won’t harm competition, consumers, DOJ says
An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers. The agency said Friday that it closed its probe into the deal, with regulators at its antitrust […]