It will all end in flames

Jul 13 from https://www.deadline.com

California, Other States Sue To Block Paramount-Warner Bros. Merger

UPDATED: A group of a dozen state attorneys general filed suit to block Paramount‘s $110 billion acquisition of Warner Bros. Discovery, long-anticipated litigation to stave off a merger despite receiving clearance from the Trump administration Justice Department. The lawsuit, filed in federal court in Sacramento on Monday, challenges the transaction as stifling competition for wide release...

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Jul 13 from https://www.deadline.com

Paramount-WBD Merger Is Anti-Competitive, State AGs Allege In Proposed Action

From Sacramento to Albany and several state capitals in between, regional attorneys general are steeled to stop Paramount Skydance’s $110 billion merger with Warner Bros Discovery in an antitrust lawsuit that could hit the courts Monday. (Update 8:59 am: The lawsuit has been filed. Read here.) Coming as barbed threats circulate that the David Ellison-owned PSKY could exit the Golden State in...

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Jul 02 from https://www.deadline.com

Paramount-Warner Merger Enters Crunch Time In Europe, UK Holds Key

When David Ellison met with the UK culture secretary on January 15, Paramount may have been in Netflix’s shadow as the preferred bidder for Warner Bros. Discovery (WBD), but it did not stop the American media mogul from laying the groundwork for his long-desired deal. He sat down with Lisa Nandy and her top official, Susannah Storey, to discuss “Paramount’s UK media and production interests,”...

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