Stories tagged “Warner Bros Discovery.”
3 stories
Paramount CEO says politics fueling Warner Bros. merger battle
Paramount CEO David Ellison says politics, not market share, is fueling the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery. Ellison's remarks came as a federal judge set a March 2027 trial date for the antitrust challenges to the meg…
Warner Bros. Discovery filed a lawsuit against Amazon, accusing the company of interfering with contractual relations, breach of contract, and unfair competition. The lawsuit claims Amazon has been poaching Warner Bros. employees with term employment agreements.
A dozen state attorneys general are trying to block the $110 billion merger of Paramount and Warner Bros Discovery, arguing it would raise movie prices and crush cable TV distributors.