The deal comes complete with so much debt that it would almost certainly lead to mass job loss. That could prove to be an argument against the deal in court, too.
mergers
Posted inMoney, Politics, and Power
States Can Block the Paramount-Warner Deal
But thanks to some clever maneuvering, they are already running out of time.
Posted inMoney, Politics, and Power
The Wild Card in Trump’s Attempt to Control the News
State attorneys general will have a say in whether Paramount ultimately succeeds in taking over CNN, HBO, and the rest of Warner Bros. Discovery.
Posted inTAP
Real Talk About Lobbyists Buying the Justice Department
There’s a simple narrative about the ouster of Antitrust Division chief Gail Slater. Big money wanted her out, and she’s out.
Posted inLaw and Justice
Trump Justice Department Poised to Preserve Ticketmaster Monopoly
Settlement talks on a monopolization case against Live Nation are under way, with Kellyanne Conway and other MAGA lobbyists seeking a sweetheart deal.
Posted inMoney, Politics, and Power
Why Is Warner Bros. for Sale at All?
Its product has never been more critically or financially successful. Why is it auctioning itself off?
Posted inMoney, Politics, and Power
Netflix Aims for Entertainment Domination
Fewer streaming options, or a streaming landscape where two of the three largest outlets have the same corporate parent, likely means a continuation of the price hikes that we’re already seeing.
Posted inEconomic Policy
Your Money Means Market Power for Banks
Deposits are the raw materials with which bankers play, the key to unlocking market power, as giants like Bank of America and JPMorgan Chase demonstrate.
Posted inEconomic Policy
Credit Unions Go Large and Go Rogue
Intended to bolster local access to lending, large credit unions today are swallowing up community banks. A Trump purge has reduced their oversight to one regulator.
Posted inMoney, Politics, and Power
The Flaw in Trump’s MAGA Media Empire Plot
Warner Bros. Discovery has announced that it is for sale, and Trump is trying to force the company to agree to a merger with Paramount, consolidating media with his allies the Ellisons. But states can block that merger.