Antitrust pushback grows as Paramount-Warner settlement faces tough opposition

1 min read
Source: Los Angeles Times
Antitrust pushback grows as Paramount-Warner settlement faces tough opposition
Photo: Los Angeles Times
TL;DR Summary

Opposition to the proposed settlement in Paramount’s $111 billion takeover of Warner Bros. Discovery is intensifying, with critics warning concessions could let David Ellison control CNN and CBS News and reduce competition in film and TV. Some state attorneys general remain wary or outright oppose terms that don’t go far enough, threatening a coalition split. Paramount is pushing for a quick resolution, including bond requirements to cover delay costs and possible conditions to keep operations in California, while opponents plan rallies and warn against yielding to pressure.

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