Paramount+ Subscribers Fail to Block Warner Bros. Merger as States Prepare Next Move

1 min read
Source: Variety
Paramount+ Subscribers Fail to Block Warner Bros. Merger as States Prepare Next Move
Photo: Variety
TL;DR Summary

A small group of Paramount+ subscribers failed to obtain a preliminary injunction blocking the $111 billion Warner Bros. Discovery merger during a hearing, with the judge questioning the plaintiffs’ standing and evidence. A coalition of 12 state attorneys general plans to seek a temporary restraining order on Friday to pause the deal, arguing it would harm competition in theaters and basic cable. Paramount opposes the private suit and has moved to dismiss, while related actions from the Writers Guild and shareholders add to the legal challenges surrounding the merger.

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