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US states are reportedly planning to sue to block Paramount's Warner Bros. takeover

US states are reportedly planning to sue to block Paramount's Warner Bros. takeover California’s attorney general Rob Bonta launched a probe into the deal shortly after it was announced. Amid widespread opposition to Paramount's $110 billion acquisition of Warner Bros., multiple US states are reportedly working together to fight the merger. According to a Reuters report, California and New York are among states preparing a lawsuit to block the deal.

Engadget 3d ago

The UK is investigating Paramount's takeover of Warner Bros. Discovery

The UK is investigating Paramount's takeover of Warner Bros. Discovery The first phase of the CMA's probe into the $110 billion deal could last for two months. UK antitrust officials have opened a formal investigation into Paramount's pending takeover of Warner Bros. Discovery (WBD). The Competition and Markets Authority (CMA) announced on Tuesday that it will begin a merger inquiry into the $110 billion acquisition.

Engadget 17h ago

Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. In a fiery letter to the Justice Department obtained by NBC News, Paramount Skydance chief legal officer Makan Delrahim excoriated Netflix for what he called a “panic-level response” to the merger that illustrates “just how seriously Netflix takes Paramount as a scaled...

NBC News 15h ago

Sen. Warner warns of risks from Pulte's intelligence appointment

NPR's Steve Inskeep asks Sen. Mark Warner of Virginia, the top Democrat on the Senate Intelligence committee, about mortgage chief Bill Pulte's move to acting director of national intelligence.(Image credit: Kevin Dietsch)

NPR News 6d ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian Business 16h ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian World 16h ago

Paramount’s Middle Eastern Billions in Warner Bid Gets EU Review

The Warner Bros. Studios in Burbank, California. Photographer: Ethan Swope/Bloomberg

Bloomberg Technology 43m ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian UK 16h ago

Changes at CBS put pressure on California AG to challenge Paramount-Warner Bros. deal

The article discusses the potential impact of changes at CBS on the approval of the $110 billion Hollywood megamerger between Paramount and Warner Bros. by the DOJ. Experts suggest that political concerns over the turmoil at Paramount's CBS may push Democratic AGs to challenge the deal. The article highlights the potential pressure on California AG to take action against the merger due to the changes at CBS.

MarketWatch 11d ago

Paramount Open to Selling Kids Channels to Quell EU Fears Over $110 Billion Warner Deal

Paramount’s Nickelodeon is one of the best-known children’s television brands in Europe.

Bloomberg Markets 3d ago