media consolidation
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Coalition of 12 attorneys general argues proposed merger violates the Clayton Act by reducing competition across film, television, streaming, and cable markets. New York Attorney General Letitia James has spearheaded a multistate antitrust lawsuit seeking to block Paramount Skydance Corp.’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the transaction would unlawfully consolidate power…
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North Carolina Attorney General Jeff Jackson announced that a federal judge has granted an emergency motion freezing what he described as the largest television merger in U.S. history, setting up a major legal battle over media consolidation and antitrust law. “Merger frozen,” Jackson said in a social media video after describing the court decision as…
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The U.S. Department of Justice has approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, a landmark $111 billion transaction that would create one of the largest media conglomerates in American history. The decision removes a major federal regulatory hurdle but is unlikely to end the legal and political battles surrounding the deal. The merger…
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