Court Hears Arguments on Paramount-Warner Bros. Discovery Merger
A court hearing took place to consider an emergency motion by state attorneys general seeking to pause the proposed Paramount-Warner Bros. Discovery merger. Lawyers for both sides presented arguments, with the judge expected to rule on the motion next week.
Source Diversity
Source Diversity
Moderate (42/100)Sources
‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court
Attorneys general from 12 states are suing to block the Paramount-Warner Bros deal they say violates antitrust law A last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111bn deal they say violates antitrust law and reduces competition in both the film and cable television industries. The lawsuit, which was filed on Monday, faces a crucial hearing on Friday to determi...
By Jeremy Barr
Read full article →Court Hears Argument on States’ Move to Pause Paramount-Warner Bros. Merger
A judge on Friday heard arguments on a state coalition’s bid for a restraining order to pause the Paramount-Warner Bros. Discovery merger, and said she would issue a ruling by next Wednesday. Judge Araceli Martinez-Olguin suggested at one point that Paramount had conceded that it will not suffer harm if a temporary restraining order is […]
By Gmaddaus
Read full article →Is ‘Obsession’ Technically A Blockbuster? Lawyers For Paramount, State AGs Spar At Court Hearing On WBD Merger
Obsession and F1 were front and center as lawyers representing Paramount on one side, and a dozen State Attorneys General on the other, clashed at a Friday hearing over what determines a blockbuster and how quickly the AG’s antitrust challenge to Par’s merger wth Warner Bros. Discovery should be moved along. Jeffrey Kessler on behalf […]
By Jillg366
Read full article →
