California is leading the legal charge against one of the world's biggest media mergers ever. Twelve US states have filed a lawsuit seeking to block Paramount Skydance from acquiring Warner Brothers Discovery – saying the deal would create a company with too much market power and end up harm…
States suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic.
California Attorney General Rob Bonta holds a press conference on Monday as he announces California will be suing to block Paramount's $110 billion acquisition of Warner Bros Discovery in Los Angeles.
The Warner Bros Water Tower is pictured at Warner Bros Studios in Burbank, Calif., on Monday, the day it was announced that California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery.
California Attorney General Rob Bonta holds a press conference on Monday as he announces California will be suing to block Paramount's $110 billion acquisition of Warner Bros Discovery in Los Angeles.
The Warner Bros Water Tower is pictured at Warner Bros Studios in Burbank, Calif., on Monday, the day it was announced that California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery.
