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Paramount streaming subscribers sue over WBD merger
The class-action lawsuit alleges the deal will lead to decreased competition in streaming, news, and theatrical releases. Paramount Skydance will have to set aside some funds for its legal team in the coming months.
A group of Paramount+ subscribers have launched a federal antitrust challenge against the acquisition. The lawsuit, filed in San Francisco, seeks to halt Paramo
Just days after Paramount Skydance CEO David Ellison enjoyed a dinner with the Chairman of the FCC and the Commander-in-Chief, the FCC has established a pleading cycle seeking public comment on whether or not the CBS Stations parent can exceed current limits on its foreign equity interest holders.
David Ellison started his pursuit of Paramount Global last winter — 30 years nearly to the month after Sumner Redstone and Barry Diller began their long M&A fight for control of one of Hollywood’s foundational studios. A generation later, Ellison’s ...