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States Sue to Block Paramount-Warner Merger | Calgary News
Twelve states are launching a fierce legal battle to block the $81 billion Paramount-Warner Bros. Discovery merger, warning it will crush Hollywood competition, shrink consumer choice, raise prices, and degrade content quality. The combined giant—uniting HBO Max, Harry Potter, CNN, CBS, and Paramount+—threatens movie theaters and cable distributors, prompting states to demand a pause and even threaten a restraining order. Paramount counters that the lawsuit misreads antitrust law and that the merger will empower them against tech giants, while also facing a looming September 30 deadline and…
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