PSKY WBD - recap via Matthew Keys of The Desk.net -California, several other States sue to block Paramount-Warner Bros merger After seeing "
PSKY WBD - recap via Matthew Keys of The Desk.net -California, several other States sue to block Paramount-Warner Bros merger After seeing "red flags everywhere," California Attorney General Rob Bonta is leading the lawsuit, which claims Paramount's merger with Warner Bros Discovery violates numerous antitrust laws. -A coalition of 12 State attorneys general files an antitrust lawsuit seeking to block Paramount Skydance’s proposed acquisition of Warner Bros Discovery. -The States argue the $111B transaction would reduce competition, increase prices, diminish content output and harm movie theaters, Cable distributors and consumers.| Link To Story from THEDESK.net -Paramount vows to fight the lawsuit, arguing the combined company is necessary to compete with streaming giants like Netflix and that delaying the deal would hurt Hollywood workers
PSKY WBD - recap via Matthew Keys of The Desk.net -California, several other States sue to block Paramount-Warner Bros merger After seeing "red flags everywhere," California Attorney General Rob Bonta is leading the lawsuit, which claims Paramount's merger with Warner Bros Discovery violates numerous antitrust laws. -A coalition of 12 State attorneys general files an antitrust lawsuit seeking to block Paramount Skydance’s proposed acquisition of Warner Bros Discovery. -The States argue the $111B transaction would reduce competition, increase prices, diminish content output and harm movie theaters, Cable distributors and consumers.| Link To Story from THEDESK.net -Paramount vows to fight the lawsuit, arguing the combined company is necessary to compete with streaming giants like Netflix and that delaying the deal would hurt Hollywood workers