Paramount unwilling to sell CNN
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California and 11 other states have filed an antitrust lawsuit seeking to block Paramount Skydance's planned merger with Warner Bros. Discovery. The coalition of state attorneys general argues the deal could reduce competition and harm theaters,
David Zaslav, president and CEO of Warner Bros. Discovery, has now sold over $195 million worth of the company’s stock since it clinched a deal to be acquired by David Ellison’s Paramount Skydance. Zaslav’s latest sale of 773,
The Writers Guild of America sued Paramount on Tuesday, alleging its planned acquisition of Warner Bros. violates federal antitrust law. The lawsuit comes a day after California Atty. Gen. Rob Bonta and 11 other state attorneys general sued Paramount.
"This is the fastest and clearest way to prove that this transaction is good for competition, good for consumers, and good for creators," Paramount said.
Paramount Skydance sharply criticized a coalition of 12 Democratic state attorneys general that sued to block the David Ellison-led company’s takeover of Warner Bros. Discovery. The lawsuit filed by the state AGs “distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry today,
The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.
Paramount's $111 billion merger with Warner Bros. Discovery is being delayed until next year in order for the antitrust lawsuit attempting to block the deal to play out in court.
Paramount Skydance agreed to freeze its merger with rival Hollywood studio Warner Bros.
An antitrust lawsuit by twelve Democratic states’ Attorneys General against the Paramount Skydance–Warner Bros. Discovery merger, valued at $111 billion,
You shouldn't believe everything you read about the merger between Paramount/Skydance and Warner Bros. Discovery
Gold Derby asked industry analysts how the impending merger could change the awards calculus for shows like House of the Dragon and The Madison.