Paramount Chief Slams States’ Antitrust Clash Over WBD Merger as Costly Delay
TL;DR
Paramount CEO David Ellison denounces the 12-state attorneys general’s antitrust suit against the Warner Bros. Discovery merger as imposing needless costs, urging a settlement while noting concessions have been offered. Mexico has approved the deal, but a two-week trial is now slated to begin March 2, 2027, with a ticking-fee potentially reaching $7 million per day and the combined company carrying about $80 billion in debt.
Topics:entertainmentbusiness#antitrust#business#david-ellison#paramount#state-attorneys-general#warner-bros-discovery
- Paramount-WBD Merger: David Ellison Complains About Cost Of States' Antitrust Suit deadline.com
- 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
- Paramount’s Merger Strategy: Empty Promises and Empty Threats The American Prospect
Want the full story? Read the original reporting
Read on deadline.com