Paramount Argues States Blocking WBD Deal Harms Entertainment Workers
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.