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Judge Halts $81B Hollywood Merger | Durham News
A federal judge has paused an $81 billion Hollywood merger between Paramount and Warner Bros. Discovery, granting a 14- to 28-day freeze to let 12 states—including California—push back against claims the deal will crush competition and limit consumer choice. Led by California’s AG Rob Bonta, the states argue the merger would consolidate too much power in too few hands, threatening innovation and variety in film and TV. Paramount, which was itself acquired last year, insists the deal is legally sound and has already received regulatory approvals, but now faces a court battle over a preliminary…
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