States Sue to Block Paramount-Warner Bros Merger
Multiple U.S. states, led by California, have filed lawsuits to block the proposed merger between Paramount and Warner Bros. Discovery, citing concerns that the deal would stifle competition. Despite the legal challenges, Paramount still aims to finalize the merger by the end of September.
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California leads lawsuit to block Paramount Warner Bros mega merger
The state, where both studios have headquarters, has joined 11 others to halt the deal.
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The United States plans to reinstate a blockade over the Strait of Hormuz today. And, several states are suing to stop the massive Paramount-Warner Bros. merger.
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Read full article →Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
Read full article →12 states sue Paramount over Warner takeover, say merger would 'extinguish competition'
Twelve states, including California and New York, sued to block Paramount’s takeover of Warner Bros. Discovery on Monday, arguing that the $81-billion US merger would "extinguish competition" in Hollywood and lead to fewer choices for consumers across the U.S.
Read full article →Writers Guild sues to block Paramount-Warner Bros merger
This legal action by the WGA follows a similar suit initiated yesterday by California and eleven other states
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Read full article →States Seek Injunction to Prevent Paramount-Warner Bros. Deal From Closing
California and 11 other states have filed for a temporary restraining order and a preliminary injunction to prevent the Paramount-Warner Bros. deal from closing while the states pursue an antitrust lawsuit. In a motion filed on Monday evening, the states asked a federal judge to act by July 22. Paramount has previously informed the states […]
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Read full article →California leads lawsuit to block Paramount Warner Bros mega merger
A dozen US states have joined together to block the $110bn (£85bn) merger between Warner Bros. and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios. […]
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