Paramount+ Subscribers' Lawsuit Against Warner Bros. Discovery Merger Fails
Headtopics
A judge denies Paramount+ subscribers' injunction to block Warner Bros. Discovery merger; states' antitrust suit proceeds.Summary
On Thursday, Judge Araceli Martinez-Olguin denied a preliminary injunction sought by a handful of Paramount+ subscribers who alleged the Warner Bros. Discovery merger would raise prices and reduce viewing options, citing insufficient evidence and doubts about the plaintiffs' standing to pursue antitrust claims. The judge’s decision leaves the door open for a coalition of 12 state attorneys general, who filed their own antitrust suit on Monday and will seek a temporary restraining order on Friday; Paramount argues the states are unlikely to succeed, while the subscribers’ lawyer said he would amend the case to obtain discovery from the states’ filings.
(Source：Headtopics)