Tag: paramount
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Analysis:US state officials fear Paramount-Warner deal will squeeze local movie theaters
July 14 – U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic. “While ticket prices will most likely go up, theaters will be forced to cut back o
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US: 12 states challenge Paramount’s buyout of Warner
The states have filed a lawsuit arguing that a merger of Hollywood giant studios Paramount and Warner would “extinguish competition” and increase consumer prices.
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California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.The lawsuit threatens to derail Paramount CEO David Ellison’s bid to tran
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California, 11 states suing to block Paramount’s $110 billion Warner Bros deal
NEW YORK/LOS ANGELES, July 13 : 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 TV distributors.The lawsuit is a serious threat to Paramount CE
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Analysis:Britain’s Paramount-Warner review may be aimed at commitments, not a veto
LONDON, July 2 : Britain’s threat to intervene in the $110 billion Paramount-Warner deal could be less about blocking the transaction than extracting commitments on UK news, children’s TV and investment, with the cost of any delay increasing the government’s leverage.Culture minister Lisa Nandy said on Tuesda
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‘UFC Freedom 250’ on Paramount+ draws 7 million viewers in US
June 18 : Paramount Skydance said on Thursday “UFC Freedom 250,” a mixed martial arts event held at the White House, drew an average of 7 million viewers in the United States.The live event, which Paramount said was the most-watched in Paramount+ history, attracted a total of 17 million viewers across the U.S
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US clears Paramount’s mammoth Warner Bros merger
Paramount has been given the green light to take over Warner Bros. Discovery for $110 billion, including its subsidiary CNN, fueling fears of media censorship and increased control over the US entertainment industry.
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California to decide soon whether it will seek to block Paramount deal
June 5 : California Attorney General Rob Bonta will soon decide whether to sue to block Paramount’s $110 billion acquisition of Warner Bros, he told Reuters in an interview, adding that in general he views any corporate promises to address antitrust concerns as better when backed up by potential divestitures.
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