Paramount Blasts States’ Lawsuit Aimed at Blocking Warner Bros. Deal, Claims Litigation Will ‘Shield’ Netflix and Tech Companies From ‘Much-Needed Competition’

Paramount Skydance sharply criticized a coalition of 12 Democratic state attorneys general that sued to block the David Ellison-led company’s takeover of Warner Bros. Discovery. The lawsuit filed by the state AGs “distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry today,” Paramount said Monday, after the suit […]