Paramount Skydance Argues States’ Antitrust Lawsuit Against Warner Bros. Merger Is ‘Not the Product of Sound Economic Analysis’
The studio files a legal response to the antitrust lawsuit against the pending merger The post Paramount Skydance Argues States’ Antitrust Lawsuit Against Warner Bros. Merger Is ‘Not the Product of Sound Economic Analysis’ appeared first on TheWrap .
Paramount Skydance has submitted a response to the 12 states' lawsuit challenging its planned acquisition of Warner Bros. Discovery. In the legal counterargument, the companies claim the merger will "enhance competition" by delivering "more high-quality content in theaters and on cable" and a "better combined streaming offering" to rival Netflix, Disney, and Amazon.
The response, released Friday, outlines the strategies the studios plan to use in defending the proposed merger in the lawsuit, emphasizing the studios' repeated claims that the combined entities will have more investment in content than individually and that their size is what enables this approach.
Written by urgent.news from TheWrap's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
