Deals & M&A
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California’s Paramount Lawsuit Looks More Like Politics Than a Winning Legal Strategy | Analysis
The Media Front: The case may have enough legal merit to get a hearing, but probably not enough to stop the industry’s biggest merger
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Zohran Mamdani Backs Lawsuit to Block Paramount-Warner Merger: ‘New York’s Workers Helped Build This Industry’
“This is not a merger that serves the public,” the NYC mayor writes
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Block the Merger Coalition Applauds State Lawsuit Against Paramount: ‘Momentum Is on Our Side’
“It is time to stop oligarchs from strip-mining our culture and selling America off for parts,” antitrust research director Matt Stoller said
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Rob Bonta Blasts Trump for Dropping the Ball on Paramount Deal: ‘It Would Be Better if They Just Did Nothing’
The California attorney general says the proposed $110 billion deal would lead to higher prices, fewer shows and movies
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Paramount Says States’ Lawsuit Against Merger Helps Netflix Avoid Competition
“The lawsuit filed by the state attorneys general, in the most generous light, reflects a fundamentally flawed application of the antitrust laws and is wrong on both the facts and the law,” Paramount says in response to the suit
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12 State AGs Sue to Block Paramount-Warner Bros. Merger: ‘Protect This Iconic Industry’
“California’s film and entertainment industry touches the lives of Americans daily. We’re going to court to fight for a free and fair market,” Rob Bonta says
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Paramount Is Prepared to Solve ‘Legitimate Antitrust Issues’ If State AGs Sue to Block WBD Merger
David Ellison’s advisers have reportedly discussed relocating their headquarters as California reviews the proposed $110 billion deal
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Why Letterboxd Is a Hot Takeover Target | Analysis
The social network boasts a fiercely loyal and active community, but will a studio takeover upset that balance?
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Trump Says He’ll Let Jake Tapper Interview Him to ‘Have CNN Go in a Normal Path’ Ahead of Paramount Merger
The president confirmed the news during a phone call with the network
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Paramount-WBD Merger: Oregon AG Withdraws Records Request, Motion to Delay to ‘Consider Next Steps’
ODOJ tells TheWrap that the David Ellison-led media giant thinks they’re “above the law” after refusing to comply and that it won’t “let them waste Oregonians’ resources on these games”
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The Ledger: Investors Are Tapping World Cup Fever
In this week’s The Ledger column, we look at
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Letterboxd Sale: Netflix, Sony and Others in Early Talks to Buy Platform
Other interested suitors reportedly include Paramount, private equity firms RedBird and TPG and media investor Alexis Ohanian
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CNN’s Brian Stelter Responds to Reports of Staff Unrest Amid Paramount Merger: ‘It’s Complicated’
“If you ask 10 different employees, you’ll hear 10 different POVs about the pending merger,” the news network’s chief media analyst says
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Jeff Zucker Stays Mum on Paramount-WBD, CNN Drama as He Completes His Own Merger
“I’m going to leave that deal to the others who are involved in it,” the network’s former president and RedBird IMI CEO tells TheWrap
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Jeff Zucker and Marco Bassetti Tease More Dealmaking After Banijay-All3Media Merger: ‘Scale Is Key’
The executives outline their vision for the combined company, growth opportunities in the U.S. and more
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