Just days after a coalition of state attorneys general sought to block the Paramount–Warner Bros. Discovery merger and rising bribery accusations, shareholders have filed a new lawsuit, opening yet another front in Hollywood’s biggest legal battle.
Just weeks after clearing the DOJ, the proposed Paramount – Warner Bros. Discovery merger is facing new legal challenges from 12 state attorneys general and growing scrutiny surrounding the FCC’s review.
The Department of Justice has approved one of the largest entertainment mergers in recent memory, bringing Paramount and Warner Bros. Discovery one step closer to joining forces, but hurdles still remain.