Justice Department approves Paramount’s acquisition of Warner Bros.
The Justice Department’s Antitrust Division has signed off on Paramount Skydance’s $111 billion bid for Warner Bros. Discovery, according to two people familiar. The approval clears a major regulatory hurdle for a deal that has become one of the most closely watched media merger reviews of the Trump era.
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And despite widespread condemnation, now yet another billionaire is in charge of even more of the global narrative.
Paramount has bowed to Trump, fired Colbert, paid a $36M bribe, and Trump bought stock in one of the companies before any of this was public.
We should demand that these corrupt executives be prosecuted; their networks' licences should be pulled; and fined out of existence. Warner, Paramount, HBO, and CBS should cease to exist and all their IP should become public domain.
Literally none of that will ever happen. The rich own the system
True. But it should.
paramount is owned by ellison.
Has any merger been rejected in recent decades?
first one that comes to mind is at&t's failed attempt to buy tmobile about 15 years ago.
We don't exactly do monopolies around here.
Good grief. 12 companies own like 99% of everything.
Fucking sucks.
just to get at CNN to become a foxlite, when its already been foxlite for a while.
Now it’s going to be far right
Weeelllp, time to binge all the shows I want on HBO and cancel.
I am immediately on the hunt for The Wire series on DVD now.
Check your local library my friend. Best place to check out shows on dvd.
And back them up, as a cultural archivist for when all this stuff is pulled from major services or the prices get even more extortionate.
Defend your local libraries!
No wayyyy! I'm to totally surprised!! 😒
What a shock. This is me being shocked, shocked I say.
Now it’s up to the state AGs to sue to block it
welp
"justice"