A formal announcement is expected today. (via Bloomberg)
If the deal is not signed off by then, Paramount will be forced to pay the $7M a day ticking fee to WB shareholders.
Rob Bonta will decide in the coming weeks whether to sue PSKY in an antitrust lawsuit. There are red flags with this pending merger. Regulatory scrutiny does not make the Ellisons immune.
@ericfinalfantasy.bsky.social
@mvlakai.bsky.social
(Source: www.semafor.com/article/07/1...)
(via @bloomberg.com)
#BlocktheMerger #NoConcessions
Not only would this merger hurt competition, it would allow Trump's buddies, the Ellisons, to control what you watch and how much you pay for it from everything from Animal Planet to CBS News to HBO.
We're fighting back.
They have a very strong case -- but so many people speaking out about the many harms of this deal pushed them to act. Keep up the pressure!
oag.ca.gov/news/press-r...
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9/24
Larry Ellison owns 1.16BIllion shares of Oracle.
Larry is reported to be pitching ParaBros to “his close friend” Elon Musk.
Larry needs cash.
Larry’s empire depends on data center buildout
www.santafenewmexican.com/las_cruces/l...
The Ellisons’ corrupt takeover of Warner Bros is NOT complete!
There is still the court and rule of law.
The fight continues.
Vital work on behalf of America by this coalition.
#BlockTheMerger
#StopTheCorruptTakeover
👇
We're asking Judge Araceli Martínez-Olguín to give us a chance to formally oppose the deal.
Motion here: www.freepress.net/download/blo...