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Judge Halts Paramount-Warner Merger | Sacramento News
A federal judge has paused a $11 billion merger between Paramount and Warner Bros., citing a lawsuit from California’s Attorney General who argues the deal would harm consumers by raising prices, reducing content variety, and stifling competition — a claim backed by 12 states. Paramount fiercely defends the merger, calling the lawsuit misguided and claiming delays hurt already-struggling entertainment workers. Complicating matters, Netflix was initially in talks to buy Warner Bros., but Paramount’s bid won out — though political ties have added fuel to the fire. With regulators elsewhere…
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