It will all end in flames

Jul 13 from https://arstechnica.com/

States sue to block Paramount/WBD merger that was approved by Trump admin

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. “The unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors,...

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

State AGs sue to block the Paramount-Warner Bros. Discovery merger

A dozen state attorneys general have filed an antitrust lawsuit in a bid to prevent Paramount from taking over Warner Bros. Discovery (WBD). The AGs — from Arizona, California, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon and Washington — filed the suit a month after the Department of Justice greenlit the $110 billion merger. It was reported...

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Jul 13 from https://edition.cnn.com/business/tech

States sue to block Paramount’s Warner Bros. Discovery takeover

Twelve states have sued to block Paramount’s takeover of Warner Bros. Discovery, CNN’s parent, kicking off a high-stakes antitrust battle that could impede the media mega-merger. California Attorney General Rob Bonta said the antitrust lawsuit, filed Monday in the Northern District of California, is necessary because “this merger would snuff out competition, drive up prices, diminish content...

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