Paramount and Warner Bros sued to block $110bn mega mergerImage source, Getty ImagesImage caption, Warner Bros is headquartered in Burbank, California. The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry. Key points and original sources are listed below.
- Paramount and Warner Bros sued to block $110bn mega mergerImage source, Getty ImagesImage caption, Warner Bros is headquartered in Burbank, California. ByFrancisco VelasquezBusiness reporterPublished41 minutes agoA dozen US states have joined together to block...S1
- The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry.S2
- State attorneys general are said to be getting ready to file a lawsuit as soon as this week to halt the $111 billion deal, a potential major obstacle.S3