States Seek Court Pause on Paramount-WBD Deal Amid Antitrust Pressure

1 min read
Source: Deadline
States Seek Court Pause on Paramount-WBD Deal Amid Antitrust Pressure
Photo: Deadline
TL;DR

State attorneys general filed in a Sacramento federal court for a temporary restraining order and preliminary injunction to pause Paramount’s proposed merger with Warner Bros. Discovery, arguing the deal would raise competition concerns and could close by July 22, potentially harming three antitrust markets; they cite irreparable harm and outside-date ticking fees, while Paramount calls the challenge a flawed reading of antitrust law and says delaying the deal would hurt entertainment workers.

Share this article

Want the full story? Read the original reporting

Read on Deadline