Reasons a 1963 banking case shouldn’t determine the Paramount/Warner agreement
A Supreme Court decision from 63 years ago concerning two banks in Philadelphia has resurfaced as a pivotal element in the controversy surrounding Paramount’s $110 billion acquisition of Warner Bros. Discovery. This deal was previously approved by the Justice Department and all 68 jurisdictions worldwide that reviewed it. Yet, 12 state attorneys general are now […]
Democrat California Governor Candidate Xavier Becerra Appears to Relent, Urges for Paramount-Warner Agreement
Paramount CEO’s Threat to Move Out of California Earlier this week, Paramount’s CEO, David Ellison, issued a warning about moving the studio out of California if the state’s Attorney General, Rob Bonta, doesn’t engage in discussions to resolve the ongoing merger with Warner Bros. Discovery. This ultimatum is a stark reminder that the deadline is […]
Judge Halts Paramount-Warner Bros. Merger After Twelve Democratic Attorneys General File Lawsuit
Federal Judge Halts Paramount-Discovery Merger A federal judge has temporarily blocked the $81 billion merger between Paramount and Warner Bros. Discovery for at least two weeks, allowing time for states challenging the deal to present their cases in court. Twelve states, led by California, initiated a lawsuit last week to obstruct Paramount’s acquisition of Warner […]
Antitrust lawsuit regarding the Paramount-Warner Bros. merger is merely a tactic to fuel anti-Trump sentiment ahead of the midterms
Recently, Warner Bros. Discovery’s legal team updated executives about a potential antitrust lawsuit that some progressive state attorneys general might file to contest the $80 billion merger of WBD with Paramount Skydance. The focus? Politics, as The Post has learned. According to the lawyers, the lawsuit would hinge on antitrust claims. They noted that the […]
Dem senators call on the FCC to pause the Paramount-Warner Bros Discovery merger
Senators Urge FCC to Halt Paramount-Warner Bros. Merger Three Democratic senators have formally requested that the Federal Communications Commission (FCC) pause the merger between Paramount and Warner Bros. Discovery. Their main concern revolves around the influence of foreign investors in what could become one of the largest media companies in the U.S. In a joint […]
LA County shares findings on the economic effects of the Paramount-Warner deal
A recent report from Los Angeles County suggests that Paramount Skydance’s acquisition of Warner Bros. Discovery, valued at $111 billion, could have severe implications for the Hollywood job market. The county’s Office of Economic Opportunity projects that this merger might jeopardize around 2,500 jobs locally and approximately 6,000 jobs globally. Roles in corporate offices, technology, […]
Mark Ruffalo, a star from “Avengers,” speaks out against the Paramount-Warner merger in an opinion piece as the agreement progresses.
Actor Mark Ruffalo criticized the Paramount-Warner merger in a recent editorial. In an editorial he co-wrote with author Matt Stoller, the Avengers star noted that his attempt to gather thousands of signatures for an open letter opposing the merger revealed people’s fears about workplace retaliation. “What stood out in that letter wasn’t just the names […]
Jane Fonda and Senator Elizabeth Warren Call the Paramount-Warner Bros. Merger an ‘Abuse of Power’
Fonda and Warren Oppose Media Merger Actress Jane Fonda and Senator Elizabeth Warren have come together to criticize the proposed merger between Paramount Skydance and Warner Bros. Discovery. Their joint video takes a firm stance against this deal, which has been stirring concern in Hollywood. After Netflix’s bid to acquire Warner Studios fell through, Paramount […]
Union Requests DOJ to Halt Paramount-Warner Bros. Merger
Teamsters Urge DOJ to Block Paramount-Warner Bros. Merger The International Brotherhood of Teamsters, a major force in Hollywood labor, is urging the Justice Department to intervene against the merger between Paramount and Warner Bros. Discovery. On Thursday, Teamsters General President Sean O’Brien shared the union’s concerns with the Antitrust Division of the Justice Department. The […]
Concerns are increasing about a potential bloodbath following the Paramount-Warner merger, including speculation regarding a leading HBO executive.
Hollywood on Edge Amid Major Merger LOS ANGELES — Hollywood is alive with chatter this week, though it’s not just about the upcoming Academy Awards. There’s palpable anxiety surrounding the massive merger between Paramount Skydance and Warner Bros. Discovery (WBD). Reports suggest potential job losses could reach the thousands, and attention has turned to which […]