Paramount-Warner Bros. Deal Challenged by California, States
A group of 12 states sued Paramount Skydance Corp.
Monday seeking to block its $110 billion bid to buy Warner Bros.
Discovery Inc., alleging the blockbuster Hollywood deal would leave viewers with higher prices and fewer choices for movies and television.
Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst for Antitrust joins Bloomberg Businessweek Daily to discuss. (Source: Bloomberg)
States Sue to Block Paramount-WBD Merger
- California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal Channel News Asia —
- California AG says Paramount-Warner Bros deal would lessen competition 📹 Reuters — · 57sec
- U.S. states sue to block Paramount’s acquisition of Warner Bros. The Globe and Mail —
- California AG says Paramount-Warner Bros deal would 'extinguish competition' 📹 Reuters — · 57sec
- States make last-ditch effort to stop the Paramount ‘media behemoth’ The Verge —