States' Paramount-Warner suit based on industry 'misrepresentation,' Paramount says
( July 13, 2026, 17:48 GMT | Official Statement) -- MLex Summary: A complaint filed by state attorneys general to block Paramount's acquisition of Warner Bros. Discovery is "based on a misrepresentation of competition in the entertainment industry today," Paramount said in a statement calling for rejection of the challenge. The company highlighted approvals received from global antitrust authorities and said the deal "creates a stronger competitor against dominant streaming and technology platforms who have harmed the market for theatrical exhibition and jobs in the entertainment industry."See document attached....
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