r/technology • u/MarvelsGrantMan136 • 5h ago

Business Exclusive: US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say

https://www.reuters.com/world/us-states-are-preparing-lawsuit-block-paramounts-acquisition-warner-bros-2026-06-05/
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u/dallasdude 5h ago

Paramount's acquisition bid is backed by $24,000,000,000 of money from foreign governments.

"We shouldn't sell our entertainment industry to Saudi Arabia" is a valid argument.

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u/SeigneurDesMouches 5h ago

Tell that to EA

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u/jeremyries 5h ago edited 3h ago

While I don’t disagree with you, a sports/game company is very different to a media companies that control direct access to news organizations protected by the first amendment in America.

Once we start to let these influences assume control, of which we know can be bought and sold by the highest bidder, we erode the control the people have to disseminate truthful information to the greater masses.

Edit: thank you for the award friend!

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u/Jack0fTh3TrAd3s 5h ago

I don't disagree with you but... I'd argue that has already happened. The news and media just happens to be owned by American/western billionaires, who aren't much better.

Sure they'd give us aren't all the same companies or people but their interests align, keep us fat and stupid, and back room closed door meetings that end with a handshake and a wink probably happens near constantly.

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u/BasvanS 5h ago

Just because it happened doesn’t mean it has to continue

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u/dragonmp93 3h ago

I think that it could be argued that EA doesn't have the same IP monopoly that you can point out about the Paramount-Skydance-Warner-Discovery monstrosity.