Variety
·entertainment
·1 hour ago
Paramount Faces Suit From Streaming Subscribers Seeking to Block Warner Bros. Deal
Streaming subscribers filed a lawsuit Thursday seeking to block Paramount and Warner Bros.' $110 billion merger, citing higher prices and fewer viewing options. Five plaintiffs claim the deal violates antitrust law and seek triple damages under the Clayton Act. Paramount expects to close the transaction in the third quarter, though it faces potential opposition from federal regulators and states.
Summary by Glance · Variety
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