WIRE — A dozen US states have joined together to block the $110bn (£85bn) merger between Warner Bros and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios. [...] The post California leads lawsuit to block Paramount Warner Bros mega merger appeared first on Kahawatungu.
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