Judge Dismisses Lawsuit From Paramount Streaming Subscribers Seeking to Block Warner Bros. Merger

▤ Summary

A federal judge dismissed a consumer lawsuit seeking to block the proposed $111 billion Paramount and Warner Bros. merger. The judge ruled that the plaintiffs lacked standing and did not show concrete economic harm. The court allowed the plaintiffs to amend and refile the complaint. The same judge will also oversee separate antitrust cases from state attorneys general and the Writers Guild of America. The dispute now extends beyond consumers to broader concerns about media consolidation and CNN’s future under the combined company.

▦ Linked Companies