New York City Mayor Defends Block of Paramount-WBD Deal as Public-Serving?
TL;DR Summary
New York City Mayor Zohran Mamdani voiced support for Letitia James and 11 other state attorneys general suing to block the Paramount-Warner Bros. Discovery merger, calling the $110 billion deal “not a merger that serves the public” and warning it would concentrate control over movies and cable, raise prices, and threaten the livelihoods of New York artists and theaters; Paramount contends the suit would delay entertainment workers’ projects and harm the industry.
Topics:entertainment#antitrust#business#entertainment-industry#letitia-james#paramount-wbd-merger#zohran-mamdani
- Paramount-WBD Combo Is "Not A Merger That Serves The Public," NYC Mayor Zohran Mamdani Says Deadline
- California leads lawsuit to block Paramount Warner Bros mega merger BBC
- California tests its antitrust muscle in Hollywood Politico
- States sue to block Paramount’s Warner Bros. Discovery takeover CNN
- Paramount, WBD hit with lawsuit from 12 states, including California, to block merger CNBC
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