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Not a Done Deal: How and Why 12 Blue States are Fighting the Paramount-Warner Bros. Merger
Variety

Are blockbuster films a separate market?
Or are they interchangeable with other forms of entertainment?
The $111 billion Paramount-Warner Bros. merger may hang on that question.
On July 13, a coalition of 12 states sued to block the deal, arguing that it will lead to excessive concentration in the theatrical and basic cable markets.
The […] ...
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