Paramount Argues States Blocking WBD Deal Harms Entertainment Workers
TL;DR Summary
Paramount pushed back against a multi-state antitrust suit aimed at blocking its $110 billion merger with Warner Bros. Discovery, calling the lawsuit a flawed use of antitrust law that would harm competition and entertainment workers. The company argues the deal is pro-Hollywood and pro-consumer, and delaying it would hurt creators and workers while regulators in other regions have moved forward with approvals; Paramount says it will vigorously defend the transaction.
Topics:entertainment#antitrust#business#entertainment-workers#merger#paramount#warner-bros-discovery
- Paramount Says States’ Lawsuit Seeking To Block WBD Deal “Will Only Harm Entertainment Workers” Deadline
- Paramount, WBD hit with lawsuit from 12 states, including California, to block merger CNBC
- Exclusive / Paramount weighs leaving California over Warner Bros. rift Semafor
- 12 states sue to stop David Ellison’s takeover of Warner Bros. The Washington Post
- Paramount Reportedly Considering Leaving California as State Readies Lawsuit Over Warner Bros. Discovery Merger The Hollywood Reporter
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