WorldPingState AGs had "very strong" case that merger is illegal, Lina Khan says.
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Paramount has reached a settlement with California and the 11 other states that sued to block its planned $110 billion acquisition of Warner Bros. Discovery. The settlement removes a major roadblock standing in the way of the massive media merger.
Brief by WorldPing · Original reporting by The Verge
WorldPingThe deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.
Brief by WorldPing · Original reporting by BBC Business
WorldPingThe Writers Guild of America East and Writers Guild of America West, jointly the WGA, have settled their lawsuit to block the proposed merger of Paramount Skydance and Warner Bros. Discovery per a statement released by the organization Monday.
Brief by WorldPing · Original reporting by Variety
WorldPingStates including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger Paramount has reached a settlement with California and several other states that sued over a proposed $81bn merger with Warner Bros Discovery…
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe mega-merger of the year will apparently go forward.
Brief by WorldPing · Original reporting by Engadget
WorldPingMajor US networks later suspended White House TV coverage of Trump as he heads to New York for the UN summit.
Brief by WorldPing · Original reporting by BBC News
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