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The Economic Times

California, 11 states suing to block Paramount's $110 billion Warner Bros deal

Paramount Warner Bros California David Ellison Disney Netflix Donald Trump Larry Ellison Lawsuit Warner Bros Discovery

California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and pay TV distributors.

The lawsuit is a serious threat to Paramount CEO David Ellison's bid to transform his company into a major competitor to Netflix and Disney.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

One of the ‘Cornell 7’ wants a gag order to limit what can be said publicly about alleged gang-rape

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