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12 states challenge Paramount’s takeover of Warner, say merger would ‘extinguish competition’

12 states challenge Paramount’s takeover of Warner, say merger would ‘extinguish competition’
Photo: KSTP 5 Eyewitness News (ABC) · view original

NEW YORK (AP) — Twelve states sued to block Paramount’s takeover of Warner Bros. Discovery on Monday, arguing that the $81 billion merger would “extinguish competition” in Hollywood and lead to fewer choices for consumers across the U.S. “Audiences on every sofa and in every movie (theater) seat...

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