‘I supported the deal:’ Ford content with Paramount, Warner Bros. antitrust deal with states
Nevada Attorney General Aaron Ford said he was satisfied with a settlement reached between Paramount Skydance and a coalition of twelve states that had filed an antitrust suit to block the media company's mega‑merger with Warner Bros. Discovery.
“I supported the deal. We person immoderate large protections for movies and for theaters and for workers and for the independency of the media,” helium told the Las Vegas Review-Journal Monday evening. “And those are important things for each of america successful the state.”
Led by California, 12 attorneys general — including Ford — and the Writers Guild of America West sued to block the $110 cardinal merger implicit the summer, alleging it would stifle competition and diminish user choice.
The acquisition cleared a large hurdle earlier Monday when the plaintiffs agreed to drop the lawsuit in exchange for concessions, including involvement in the movie industry, individual protections and a minimum figure of movies the studios must produce.
Paramount and Warner Bros. agreed to maintain their Hollywood production lots, according to the tribunal filing.
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