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Industry News

Deals & M&A

  • WGA Sues to Block Paramount-Warner Bros. Merger: ‘This Would Eliminate Competition’

    The union’s lawsuit comes a day after 12 state attorneys general filed for a restraining order to block the merger

    By

    Jeremy Fuster
    July 14, 2026 @ 12:43 PM
    Deals & M&A
    12:43 PM
    WGA Sues to Block Paramount-Warner Bros. Merger: ‘This Would Eliminate Competition’
  • Paramount Still Plans on Closing WBD Merger by End of September, Despite Legal Fight From 12 States

    “This is an antitrust case. To stop a merger, the merger has to be anti-competitive. This merger is pro-competitive,” the company’s lead outside counsel Jeffrey Kessler says

    By

    JD Knapp
    July 14, 2026 @ 9:27 AM
    Deals & M&A
    9:27 AM
    Paramount Still Plans on Closing WBD Merger by End of September, Despite Legal Fight From 12 States
  • Paramount-Warner Bros. May Face Devastating Delay With State Antitrust Suit | Analysis

    The state attorneys general’s effort lives and dies on whether it gets its request for a preliminary injunction to halt the merger granted

    By

    Roger Cheng
    July 14, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Deals & M&A
    6:00 AM
    Paramount-Warner Bros. May Face Devastating Delay With State Antitrust Suit | Analysis

    Pro Available to WrapPRO members

  • 12 State AGs Seek Temporary Restraining Order to Block Paramount-Warner Merger Ahead of Litigation

    The filing comes hours after the state AGs first sued to block the $110 billion deal

    By

    Alyssa Ray
    July 13, 2026 @ 7:49 PM
    Deals & M&A
    7:49 PM
    12 State AGs Seek Temporary Restraining Order to Block Paramount-Warner Merger Ahead of Litigation
  • David Ellison Attends DC Dinner in Push for Bipartisan Federal Film Tax Incentive

    The House Committee on Ways and Means gathering took place hours after 12 state AGs sued to block the executive’s Paramount-WBD merger

    By

    Benjamin Lindsay
    July 13, 2026 @ 6:19 PM
    Politics
    6:19 PM
    David Ellison Attends DC Dinner in Push for Bipartisan Federal Film Tax Incentive
  • 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

    By

    A.J. Katz
    July 13, 2026 @ 3:08 PM

    Pro Available to WrapPRO members

    Deals & M&A
    3:08 PM
    California’s Paramount Lawsuit Looks More Like  Politics Than a Winning Legal Strategy | Analysis

    Pro Available to WrapPRO members

  • 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

    By

    Daren DeFrank
    July 13, 2026 @ 2:56 PM
    Politics
    2:56 PM
    Zohran Mamdani Backs Lawsuit to Block Paramount-Warner Merger: ‘New York’s Workers Helped Build This Industry’
  • 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

    By

    Jeremy Fuster
    July 13, 2026 @ 11:36 AM
    Deals & M&A
    11:36 AM
    Block the Merger Coalition Applauds State Lawsuit Against Paramount: ‘Momentum Is on Our Side’
  • 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

    By

    A.J. Katz
    July 13, 2026 @ 10:45 AM
    Business
    10:45 AM
    Rob Bonta Blasts Trump for Dropping the Ball on Paramount Deal: ‘It Would Be Better if They Just Did Nothing’
  • 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

    By

    Adam Chitwood
    July 13, 2026 @ 10:28 AM
    Deals & M&A
    10:28 AM
    Paramount Says States’ Lawsuit Against Merger Helps Netflix Avoid Competition
  • 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

    By

    Lucas Manfredi
    July 13, 2026 @ 9:03 AM
    Deals & M&A
    9:03 AM
    12 State AGs Sue to Block Paramount-Warner Bros. Merger: ‘Protect This Iconic Industry’
  • 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

    By

    A.J. Katz
    July 13, 2026 @ 7:35 AM
    Business
    7:35 AM
    Paramount Is Prepared to Solve ‘Legitimate Antitrust Issues’ If State AGs Sue to Block WBD Merger
  • 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?

    By

    Roger Cheng, Lucas Manfredi, and Casey Loving
    July 13, 2026 @ 6:00 AM

    Pro Available to WrapPRO members

    Deals & M&A
    6:00 AM
    Why Letterboxd Is a Hot Takeover Target | Analysis

    Pro Available to WrapPRO members

  • 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

    By

    Michelle Stein
    July 12, 2026 @ 10:02 AM
    Politics
    10:02 AM
    Trump Says He’ll Let Jake Tapper Interview Him to ‘Have CNN Go in a Normal Path’ Ahead of Paramount Merger
  • 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”

    By

    Lucas Manfredi
    July 10, 2026 @ 6:52 PM
    Deals & M&A
    6:52 PM
    Paramount-WBD Merger: Oregon AG Withdraws Records Request, Motion to Delay to ‘Consider Next Steps’
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