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Faceoff brewing over Paramount-Warner Bros. merger | Courthouse News Service
A federal judge is weighing a temporary restraining order to block the $110 billion Paramount-Warner Bros. merger, with twelve US states arguing the combination unlawfully concentrates the film and cable markets. The judge must rule before the deal closes on 22 July; Paramount argues streaming and independent studios have expanded competition beyond the traditional big five.
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The Wire takeaway
If the injunction holds, two of Hollywood's five studios stay separate - and the content distributors they're squeezing just got breathing room. If it doesn't, cable operators and streamers face a supplier with control over 50 channels and explicit leverage to raise licensing fees.
Read the full story at courthousenews.com →
Topics: Streaming & Media · merger-antitrust · hollywood-consolidation · distribution-leverage · cable-bundling