David Ellison, CEO of Paramount Skydance, dined at the White House Thursday evening at the state dinner held for visiting Chinese President Xi Jinping — but the White House shut out reporters for CNN, the Warner Bros. Discovery-owned news network Ellison is on the cusp of gaining control over, as well as MS NOW. Ellison
A group of 12 Democratic state attorneys general is suing to block Paramount Skydance’s merger with Warner Bros. Discovery, arguing that the transaction violates antitrust law by giving the combined company undue power in three markets: wide-release theatrical distribution, blockbuster movies and basic cable television. Paramount says the lawsuit “distorts established antitrust law” and that
A coalition of 12 state attorneys general is suing to block the merger of Paramount Skydance and Warner Bros. Discovery (WBD), alleging the deal would harm movie theaters, basic cable distributors and audiences. The coalition, led by California Attorney General Rob Bonta, maintains that the acquisition violates the Clayton Act, which prohibits mergers that could
