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- 090326 Tell State AGs: No Concessions on the Paramount/WBD Merger! (Free Press)
090326 Tell State AGs: No Concessions on the Paramount/WBD Merger! (Free Press)
12 state attorneys general sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. After a judge issued a temporary restraining order to halt the merger, the billionaire owners of Paramount retreated and agreed they wouldn’t close the deal before the trial … which is why Larry and David Ellison are using a range of pressure tactics to push the AGs to settle out of court as soon as possible.
This mega-merger would cut jobs, sabotage free expression and give Trump-friendly billionaires even more control over news and entertainment content.