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Hollywood Merger Delayed by Legal Pushback | Wilmington News
Hollywood’s biggest merger just hit a major roadblock as Paramount and Warner Bros. Discovery push back their $81 billion deal—no closing this year, maybe not even next. Twelve states, led by California, are stepping up legal challenges, turning this into a full-blown antitrust showdown. Both sides are calling it a win: Paramount says the delay gives them time to prove the merger benefits creators and competition, while the states argue it protects audiences and workers from corporate consolidation. Add the Writers Guild of America’s lawsuit, and suddenly there are multiple legal fronts. This…
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