TechCrunch·3 min read·medium
Judge pauses $110B Paramount-Warner Bros merger
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Aisha Malik
✦AI Summary
A U.S. District Judge has paused the proposed $110 billion merger between Paramount and Warner Bros. Discovery for 14 days due to antitrust concerns. State attorneys general argue the deal would harm competition in theatrical distribution and cable licensing.
Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has hit a roadblock after a judge temporarily paused the deal in response to a lawsuit filed by a coalition of 12 state attorneys general who argue that the merger would harm competition.
businessentertainment
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