Paramount, Warner Bros.
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Paramount accused attorneys general from 12 states of inflicting “harm without benefit to their own constituents.”
Paramount Skydance on Monday asked a federal judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88 billion bond to address the costs of delay in completing a tie-up.
A coalition of 12 states filed an antitrust lawsuit on Monday to block the merger of Paramount Skydance and Warner Bros., defying the Department of Justice, which approved the deal last month. The coalition,
A temporary restraining order was granted, setting up a battle over a more concrete injunction as the states pursue their antitrust case through June 2027
The Department of Justice approved the merger of two entertainment giants last month, but several states are now aiming to block the $110 billion acquisition. California Attorney General Rob Bonta announced on July 13 that the state would lead a coalition of 11 other attorneys general in filing an antitrust lawsuit to block Paramount Skydance’s
The states' Democratic attorneys general allege that the purchase by Paramount Skydance, which would create a news and entertainment behemoth, violates antitrust law and would harm competition.
NEW YORK (AP) — Twelve states challenged Paramount’s takeover of Warner Bros. Discovery on Monday, filing a lawsuit that argues the $81 billion mega merger would “extinguish competition” in Hollywood and threaten jobs across the industry.
A dozen state attorneys general have sued to block Paramount’s “unlawful” pending $110 billion merger with Warner Bros. Discovery, California AG Rob Bonta announced on Monday. “Today, I am leading 12 states in challenging the proposed merger of ...
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
A group of 12 states led by California sued Paramount Skydance and Warner Bros. Discovery today in an attempt to block a $111 billion merger that was greenlit by the Trump administration last month.