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12 states sue to block Paramount’s $110B Warner Bros. deal
TechCrunch
20:00
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
תפריט כתבה
תפריט כתבה
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
The states claim the $110bn acquisition would limit competition in the TV and film industries.
Twelve US states have sued to block Paramount from acquiring Warner Bros. Discovery in a $110bn deal.
California, New York and 10 other states filed a lawsuit over the proposed merger.
Twelve state attorneys general filed a lawsuit challenging Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery. NBC News' Allie Canal breaks down how the lawsuit says consumers could be impacted and what it could mean for Paramount.
The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.
