{"id":2500440,"date":"2026-07-13T17:38:15","date_gmt":"2026-07-13T17:38:15","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2500440"},"modified":"2026-07-13T17:38:15","modified_gmt":"2026-07-13T17:38:15","slug":"paramounts-furious-statement-against-california-netflix-in-escalating-wbd-war","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/paramounts-furious-statement-against-california-netflix-in-escalating-wbd-war\/","title":{"rendered":"Paramount’s furious statement against California, Netflix in escalating WBD war"},"content":{"rendered":"

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Paramount has vowed to fight California\u2019s lawsuit<\/a> seeking to block its proposed $110-billion merger<\/a> with Warner Bros. Discovery, arguing the deal would actually boost competition.<\/p>\n

\u201cThe lawsuit filed by the state attorneys general, in the most generous light, reflects a fundamentally flawed application of the antitrust laws and is wrong on both the facts and the law.<\/p>\n

\u201cWe will vigorously defend the transaction and demonstrate that this challenge is inconsistent with sound competition policy and the competitive realities of the media marketplace,\u201d a spokesman said.<\/p>\n

The company argued delaying the merger would hurt entertainment workers who have already endured years of disruption as streaming and technology companies have reshaped the industry, costing California thousands of jobs.<\/p>\n

Paramount maintained the combined company would be better equipped to compete against dominant streaming platforms such as Netflix by investing more heavily in premium programming, theatrical releases and creative talent.<\/p>\n