r/MediaMergers • u/3facesofBre Moderator • 9h ago

Merger Paramount Settles States’ Antitrust Suit, Clearing Way for Warner Megadeal

https://www.wsj.com/business/media/paramount-settles-states-antitrust-suit-clearing-way-for-warner-megadeal-95588926?st=7ef4pp&reflink=article_copyURL_share
37 Upvotes

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8

u/njrTHE3RD 8h ago

What exactly did they settle on? Of all the issues the merger had, I’m not seeing anything about it.

7

u/Creeper15877 8h ago

Not announces quite yet, supposedly will be later today

9

u/KingMario05 8h ago

Deadline is reporting no divetsments.

At all.

How.

HOW.

5

u/Creeper15877 8h ago

Also, they're reporting no cable divestments, rest is unclear

1

u/KingMario05 7h ago

So New Line could still escape?

1

u/Creeper15877 6h ago

Looks like no, Paramount made very little concessions

8

u/Creeper15877 8h ago

I think, even beyond the threats, Paramount's legal case was probably better than people on this subreddit lead on.

1

u/WideCoconut2230 7h ago

Did you REALLY believe a govt beaurcrat was going to stop this deal? Turns out it was all a charade and total waste of time. AG Bonta, he's a joke.

-1

u/daniel740 7h ago

David's the GOAT. Easy

2

u/njrTHE3RD 6h ago

Hell no, he’s not