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.
Paramount
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 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
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.
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 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
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.