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Paramount-WBD Merger Faces Scrutiny, Company Defends Deal

Paramount and Skydance are defending their proposed merger with Warner Bros. Discovery against concerns raised by figures like Tom Steyer and congressmen regarding its potential impact on media and competition. The companies argue the combined entity is necessary to compete with larger streaming services and will boost theatrical distribution.

12 May, 09:00 — 12 May, 22:37
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Sources

Showing 6 of 7 sources
NYTMostly Factual13d ago

Tom Steyer Thinks California Is Ready for a Different Climate Message

Rather than pleas to save the planet, the billionaire, a Democrat is pushing a message of affordability in his campaign to become California’s governor.

By David Gelles

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wapoMostly Factual14d ago

He’s a billionaire running as a class traitor. Will Democrats buy it?

Tom Steyer is running for California governor on an affordability agenda, testing voters’ willingness to set aside their aversion to billionaires.

By Praveena Somasundaram

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varietyMostly Factual13d ago

Paramount Skydance Defends WBD Merger by Arguing That Neither Paramount+ nor HBO Max Could ‘Catch Up’ to Netflix, Disney or Amazon on Their Own

Paramount Skydance is continuing to argue that the David Ellison-led company’s $111 billion takeover of Warner Bros. Discovery will bring “new competitive energy to the entertainment ecosystem,” in the words of its top lawyer — not reduce competition. On May 7, Paramount chief legal officer Makan Delrahim sent a letter to California Attorney General Rob […]

By Todd Spangler

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hollywood-reporterMostly Factual13d ago

Tom Steyer Believes Paramount-Warner Bros. Merger Amounts to a “Right-Wing Takeover of Media”

The Democratic gubernatorial candidate tells THR he would support a lawsuit from the Attorney General to stop David Ellison from owning CNN. He also believes tax credits are only part of the Hollywood solution.

By Steven Zeitchik

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deadlineMostly Factual13d ago

Paramount Defends Warner Bros. Discovery Merger In Letter To California AG, Says Combined Companies Will Have Incentive To Boost Theatrical

Paramount defended its proposed merger with Warner Bros. Discovery to California Attorney General Rob Bonta, who is considering an antitrust challenge to the transaction. In a letter to Bonta last week, Paramount’s chief legal officer, Makan Delrahim, said that the combined companies would have the incentive to boost theatrical distribution, not reduce it. Delrahim wrote, […]

By Ted Johnson

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zerohedgeLow13d ago

"Actions Speak Louder Than Words": Can Tom Steyer Now Sue Katie Porter For Defamation?

"Actions Speak Louder Than Words": Can Tom Steyer Now Sue Katie Porter For Defamation? Authored by Jonathan Turley, California gubernatorial candidate Tom Steyer has run on the slogan of “actions speak louder than words.” It may now be time for him to prove it and bring a defamation action against opponent Katie Porter for her accusations that he engaged in dirty politics. Porter used a CNN interview to accuse Steyer of finding and leaking the infamous video of her abusing a sta...

By Tyler Durden

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