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DOJ sends subpoenas in Warner-Paramount antitrust review as probe picks up steam: Reuters
The DOJ is investigating how the $110 billion merger could reduce competition and affect streaming, theaters, and film buyers amid concerns from unions and industry groups.
- The Justice Department has issued subpoenas in its antitrust investigation of Paramount Skydance's $110 billion acquisition of Warner Bros Discovery, confirming the probe is moving ahead.
- Investigators are seeking information on how the deal would affect studio output, content rights, streaming competition, and movie theaters as the DOJ examines potential competitive harms.
- Acting Assistant Attorney General Omeed Assefi told Reuters that Paramount will "absolutely not" have a fast track to approval, citing political factors as the reason.
- The European Commission, Canada, and The California Attorney General are actively engaging third parties regarding the acquisition, expanding regulatory scrutiny beyond federal review.
- Paramount Chief Legal Officer Makan Delrahim said the company expected regulatory review, even as it faces a 25-cent-per-share quarterly "ticking fee" if the deal remains unclosed.
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The Department of Justice is looking for information on how business would affect the production of studies, content rights and competition between streaming services, said sources
·Brazil
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Times of IndiaReposted by 
The Economic Times
The Economic TimesUS sends subpoenas in Warner-Paramount antitrust review as probe picks up steam
The U.S. Department of Justice has issued subpoenas as part of its investigation into Paramount and Skydance's proposed $110 billion acquisition of Warner Bros. Discovery. The probe is examining the deal's potential impact on studio output, content rights, streaming service competition, and movie theaters.
·India
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Exclusive: US sends subpoenas in Warner-Paramount antitrust review as probe picks up steam
The U.S. Department of Justice has sent subpoenas in its investigation of Paramount Skydance's acquisition of Warner Bros Discovery , three sources familiar with the matter told Reuters.
·United Kingdom
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Total News Sources7
Leaning Left0Leaning Right3Center3Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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