Economic Liberties Denounces DOJ Approval of Paramount-Warner Brothers Mega-Merger
Washington D.C. — In response to the Justice Department’s closing today of the Antitrust Division’s investigation of the merger of Paramount Skydance and Warner Bros, which clears a path for the mega deal to be finalized, the American Economic Liberties Project released the following statement:
“Turns out that if you gut CBS news, gut 60 Minutes, promise to gut CNN, cancel Colbert, get $29B in Saudi, Qatari & UAE money, and hold a weird lavish banquet for the President and acting AG in a federal building, you can get your illegal merger approved by DOJ,” said Alvaro Bedoya, Senior Adviser at the American Economic Liberties Project.”
Economic Liberties will continue to work with coalition members to fight this illegal merger that poses grave threats from free speech, creativity and labor, and looks forward to a likely suit by state AGs to block this clear pay-to-play approval. The Main Street vs. the Merger roundtables have allowed entertainment workers and small business owners to come together and show what’s at stake as this goes through. We look forward to hearing from more people in New York tomorrow and Atlanta on Tuesday.
Learn more about Economic Liberties here.