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Home›Global Markets›North America›California challenges Paramount-Warner Bros. merger in…

California challenges Paramount-Warner Bros. merger in court

The lawsuit argues the deal could harm movie theaters and disrupt the broader entertainment industry, according to NYT Business.

Reported · Written up by our desk · North America

California and 11 other states filed a lawsuit challenging the proposed Paramount-Warner Bros. merger, according to NYT Business.

The states argue that the transaction would be harmful to movie theaters and could damage the United States entertainment industry.

The challenge centers on claims that consolidation from the merger would negatively affect theater operators and the wider entertainment ecosystem, the outlet said.

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Sources

NYT BusinessParamount-Warner Bros. Merger Is Challenged in Court by California and 11 Other States

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