The studio is alleging that the state attorneys general challenge to the merger with Warner Bros. is all about CNN, and that they’ll leave Hollywood if they don’t get their way.
mergers
Posted inTransportation
Regulators Finally Poised to Review America’s Biggest Rail Merger
The $85 billion proposed merger between Union Pacific and Norfolk Southern would create the nation’s first transcontinental railroad. Workers, shippers, and even business rivals are against it.
Posted inMoney, Politics, and Power
Challenge to Paramount–Warner Bros. Merger Focuses on Theaters, Basic Cable
The lawsuit, filed by 12 states, makes the case that a merged studio will have more leverage to dictate terms to distributors, leading to higher prices for everyone.
Posted inHousing
Real Estate Merger Poised to Create Several Local Apartment Monopolies
A combination between AvalonBay and Equity Residential would put close to 200,000 apartments in the hands of one company.
Posted inMoney, Politics, and Power
Fox Solves Its ‘Death of Cable’ Problem by Buying the Modern Cable Box
A proposed merger with Roku gives Fox access to 100 million households, widespread advertising opportunities, and the ability to diminish rivals on a leading TV platform.
Posted inPodcasts
Organized Money: Why Farmers and Filmmakers Both Face Monopoly
Monopoly power has penetrated nearly every sector of commerce.
Posted inTAP
One Company May Know Everything About You
The world’s largest advertising conglomerate has proposed merging with the company that has built detailed profiles on every American.
Posted inMoney, Politics, and Power
Investors Using Shareholder Power to Challenge Corrupt Paramount Deal
Freedom of the Press Foundation and Reporters Without Borders are using a rule under Delaware law to demand records.
Posted inEconomic Policy
Aftermath: The First Corporate Casualty of the Iran War
Spirit Airlines’ demise can be directly traced to the rise in jet fuel prices. That hasn’t stopped corporate Democrats from blaming Biden-era merger policy.
Posted inMoney, Politics, and Power
The Warner Bros. Sale to the Ellisons Illustrates Perfectly Why Shareholder Capitalism Is a Disaster
99 percent of the company’s institutional shareholders voted to approve it. An equivalent share of the company’s workers and Hollywood generally opposed it.