California to decide soon whether it will seek to block Paramount deal - Reuters
California to decide soon whether it will seek to block Paramount deal Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Paramount/Warner Bros is not a done deal."
— Rob Bonta , Politician
"A Paramount Skydance-Warner Bros merger is an antitrust disaster threatening higher prices and fewer choices for American families."
— Elizabeth Warren , Politician
"Please let’s circle up all the State AG’s and talk about how this is going to kill competition in the industry and drive down wages."
— Mark Ruffalo , Celebrity
"The merger of Paramount and Warner Bros. Discovery presents an opportunity to revitalize Hollywood and the industry at large by creating greater competition that benefits consumers, theaters, and workers alike."
— David Ellison , Executive
"Whatever upside Plaintiffs might see in such an outcome, it is not a procompetitive one."
— David Ellison , Executive
Key People
David Ellison is the CEO of Paramount.
Elizabeth Warren is the top Democrat on the Senate Banking Committee.
Mark Ruffalo is an actor and activist.
Rob Bonta is California's attorney general.
Ted Sarandos is the CEO of Netflix.
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<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxQNWdKZlNoMkJxRkxfRFdFLXlaejhOR2dmWHFBSUlGNlpkZmpTMmI3RDctRHhPZUdKdUd0d0lRSGNGLWhUWXJyajNzOTFMakRVZ2huTGxIeUg1QTN5YU1oTmQ0UUNOb2NNZm5QLXBVcmt0UjNjY0RuYlJYTm56N1VKNGMybjFScUtlcm9YSGdYOEtlelRqSm5Yb0c4OWlZakhiUzlCa1Jab2lQdw?oc=5" target="_blank">California to decide soon whether it will seek to block Paramount deal</a> <font color="#6f6f6f">Reuters</font>
California Attorney General Rob Bonta is considering legal action to block Paramount's $110 billion acquisition of Warner Bros, citing potential antitrust concerns and industry impact.
A group of U.S. states, including California and New York, are preparing a lawsuit to block Paramount Skydance’s $110 billion acquisition of Warner Bros, sources say.
Shares of Warner Bros and Paramount Skydance declined following reports that U.S. states plan to file a lawsuit to block Paramount Skydance’s acquisition of Warner Bros.
California Attorney General Rob Bonta has pledged a thorough investigation into Paramount's proposed $111 billion acquisition of Warner Bros, amid concerns over monopoly power and job losses.
Paramount has filed a motion to dismiss a lawsuit seeking to block its $110 billion merger with Warner Bros. Discovery, calling it a 'misguided' attempt to politicize antitrust law.
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