Paramount Faces Suit From Streaming Subscribers Seeking to Block Warner Bros. Deal
Government
A handful of streaming subscribers filed a lawsuit Thursday seeking to block the $110 billion merger of Paramount Skydance and Warner Bros. The plaintiffs — three current Paramount+ subscribers and two prospective subscribers — allege that they face increased prices and reduced viewing options as a result of the transaction. Paramount expects to close the megadeal sometime in the third quarter, but could face opposition from the federal government or, more likely, from a coalition of states.
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