States Seek to Halt $110B Hollywood Megamerger
TL;DR Summary
Twelve state attorneys general filed a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, arguing the merged entity would reduce competition in the entertainment and media industries; they asked the court to pause closing until litigation resolves, despite the DOJ having cleared the deal a month earlier.
- 12 states file lawsuit to block $110 billion Paramount-Warner Bros. merger NBC News
- Paramount and Warner Bros sued to block $110bn mega merger BBC
- Twelve US states sue Paramount to block Warner Bros merger Al Jazeera
- Paramount advisers push for California exit as state sues to block Warner Bros Discovery merger: report Fox Business
- States sue to block Paramount’s Warner Bros. Discovery takeover CNN
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