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Paramount-Warner Merger Stalled | Hip-Hop News
Paramount’s $110 billion bid to buy Warner Bros. Discovery just hit a major legal roadblock — a judge has paused the deal for at least 14 days over a fierce antitrust lawsuit from California and 11 other states. They argue the merger would crush competition, consolidating control over movies, TV, news, and streaming under one massive corporate umbrella. The judge agreed the risks are real — from fewer choices for viewers to potential pay cuts for creatives and higher prices. While Paramount sees this as vital to survive the streaming wars, states warn it could harm consumers and workers. This…
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