Justice Elena Kagan denies last-minute bid to halt Paramount–Warner Bros. Discovery merger
The Hollywood Reporter says Paramount subscribers alleged the deal would reduce competition in streaming, news and theatrical distribution.
TLDR
The Hollywood Reporter said Paramount subscribers sought an emergency order to pause the $110 billion merger while their case was considered. They alleged it would reduce competition in streaming, news and theatrical distribution. A federal judge had already approved a settlement and denied a temporary block, THR said. Deadline later reported that Justice Elena Kagan denied the emergency bid. The deal was scheduled to close Tuesday, October 6.
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