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.
mergers
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.
Posted inMoney, Politics, and Power
The Deal That Could Destroy Hollywood
Paramount’s purchase of Warner Bros. would be a huge blow to filmmakers and film lovers alike.
Posted inLaw and Justice
Live Nation Verdict Serves as a Warning
Companies thought they could get away with anything while Donald Trump was in office. But today they have a new problem: state attorneys general, and juries full of ordinary Americans.
Posted inPodcasts
Organized Money: California Attorney General Rob Bonta Is Not Done With Ticketmaster
The system is not completely broken, and it shows when states pick up the shattered pieces of our federal system.
Posted inLaw and Justice
Democratic States Seek to Block Massive TV Station Merger
The team-up of Nexstar and Tegna would cover 80 percent of U.S. households. It’s the first of several cases where states are at odds with pay-to-play federal antitrust enforcement.
Posted inLaw and Justice
States Substitute for Corrupt Feds on Antitrust
On Live Nation, Paramount–Warner Bros., and more, state attorneys general are becoming the chief antitrust enforcer. Do they have the capacity to keep going?
Posted inPodcasts
Organized Money: The Paramount Takeover
The Ellisons moved closer to capturing Warner Bros., and control of a massive news, sports, and entertainment content stream.
Posted inMoney, Politics, and Power
Paramount-Warner Would Create a Hollywood Jobs Apocalypse
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.
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.