An antitrust battle over a proposed merger of Paramount Skydance with Warner Brothers has Paramount’s CEO David Ellison threatening to move the studio out of […] Source
In response to a lawsuit from 12 Democratic state attorneys general attempting to stop the Paramount Skydance-Warner Bros. Discovery merger, Paramount is requesting a $1.88 billion bond from the coalition of state officials. Executive Director of the Committee for
California AG Rob Bonta leads a push to block a potential merger between Paramount and Warner Bros. Discovery. Charlie Gasparino analyzes the regulatory battle, while actor Mark Ruffalo urges officials to stop the deal.
In a long awaited ruling, the judge said Google must make some changes to its ad tech business to handle antitrust issues, but did not disclose the measures publicly.
Redfin agreed to stay out of that specific business sector for up to 9 years
Bonta called the challenge to the “unlawful Warner Bros./Paramount merger” a clean-cut antitrust challenge through and through.
A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.
Twelve states, led by California, sued to block the merger, alleging that it would "extinguish competition" in Hollywood and reduce choices for consumers.
California is among the states suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios and TV newsrooms.
The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry.