Why I’m Suing to Block the Paramount-Warner Bros. Merger (Guest Column)

Why I’m Suing to Block the Paramount-Warner Bros. Merger (Guest Column) - Variety
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Why I’m Suing to Block the Paramount-Warner Bros. Merger (Guest Column)

- 5 min read - Source: Variety
TOP SUMMARY

Paramount Skydance CEO David Ellison may think the promise of the Paramount Warner Bros. I am leading a coalition of 12 state Attorneys General in taking...

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Key points

  • Paramount Skydance CEO David Ellison may think the promise of the Paramount Warner Bros.
  • I am leading a coalition of 12 state Attorneys General in taking Paramount and Warner Bros.
  • That is why we should all be concerned about the $110 billion proposed merger between media giants Paramount Skydance and Warner Bros.
  • Giving that much power to one media company would wipe out competition, jack up prices, hurt the quality of content we’re offered, and bring fewer movies and shows to our screens.

What happened

Paramount Skydance CEO David Ellison may think the promise of the Paramount Warner Bros. I am leading a coalition of 12 state Attorneys General in taking Paramount and Warner Bros. That is why we should all be concerned about the $110 billion proposed merger between media giants Paramount Skydance and Warner Bros. Giving that much power to one media company would wipe out competition, jack up prices, hurt the quality of content we’re offered, and bring fewer movies and shows to our screens. Competition is the heartbeat of a vibrant entertainment industry, just as it is the lifeblood of a healthy economy. We are taking Paramount and Warner Bros.

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Source: Variety

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