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States vs. Mega-Merger in Hollywood | Burlington News
Description
Twelve states are rallying against the $81 billion Paramount-Warner Bros. Discovery merger, warning it will crush Hollywood competition, raise prices, and slash jobs—while California’s AG demands a court review before closing. Paramount counters that the deal will forge a stronger rival against streaming giants, ready to fight in court as Warner stays silent. Actors, directors, and writers fear even more creative loss and layoffs, though Paramount says delays hurt already struggling workers. Surprisingly, the U.S. Justice Department backs the merger, calling it pro-competition—but EU and UK regulators are still reviewing. With a September 30 deadline looming and penalties mounting, this blockbuster deal is racing toward a high-stakes legal showdown.
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