Global Approvals In, But California Lawsuit Keeps Paramount-Warner Merger in Limbo
TL;DR Summary
Paramount and Skydance say regulators have cleared their $111 billion Warner Bros. Discovery merger in roughly 68 countries, including Mexico, but a California-led antitrust lawsuit by 12 state attorneys general remains the final hurdle to closing the deal; executives are offering commitments and concessions to win settlement, while unions and politicians weigh a compromise as the clock tightens on a potential closing.
- Paramount Says It Secured All Global Clearances to Close Warner Bros. Deal … Except for That Pesky Lawsuit The Hollywood Reporter
- Paramount-WBD Merger: David Ellison Complains About Cost Of States' Antitrust Suit Deadline
- The War Over Warner Bros. Is Splintering Hollywood’s Labor World The Hollywood Reporter
- If Paramount Leaves California, It Might Cut Costs but Wouldn’t Save on State Taxes Variety
- David Ellison’s threat to move Paramount rattles an already battered Hollywood NBC News
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