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Paramount settles with states that sued over Warner Bros. Discovery merger
Paramount Skydance reached an agreement to settle with 12 states that sued the media conglomerate earlier this year over its planned purchase of Warner Bros. Discovery, the two sides announced Monday. During a press conference in Los Angeles, California Attorney General Rob Bonta — who led the coalition of state attorneys general suing to block…
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Source context: States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn mergerParamount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), the California attorney…
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States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn mergerParamount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery (WBD), the California attorney general announced Monday, clearing the way to consolidate some of Hollywood’s…
According to Bloomberg on Monday, California State Attorney General Rob Bonta and other state attorneys general have reached a settlement of their antitrust lawsuit against Paramount Skydance’s $111 billion takeover bid for Warner Bros. Discovery. According to the report, the settlement creates a nominally independent editorial board to oversee CNN and…
2 publishers
Paramount Skydance reached an agreement to settle with 12 states that sued the media conglomerate earlier this year over its planned purchase of Warner Bros. Discovery, the two sides announced Monday. During a press conference in Los Angeles, California Attorney General Rob Bonta — who led the coalition of state attorneys general suing to block…
"We believe further consolidation in markets does not serve the American economy, consumers or competition well," California AG Rob Bonta said.
1 publisher
Paramount Skydance appears to have settled two antitrust lawsuits, one filed by 12 states and the other by the Writers Guild of America, over its merger with Warner Bros. Discovery on Monday. The landmark settlement is expected to be announced shortly after Paramount representatives met with California Attorney General Rob Bonta and others over the…
