Evening Edition: Paramount+ Legal Counsel Confident Warner Bros. Merger Will Go Through

Earlier this week, twelve states filed a lawsuit trying to block Paramount’s proposed $111 billion acquisition of Warner Bros. The lawsuit is trying to argue the merger would eliminate competition in Hollywood and reduce choices for all consumers nationwide. A Paramount-Warner combo would bring together two of Hollywood’s last five legacy studios. Paramount says the lawsuit “distorts settled antitrust law” and maintains that a merger would instead create a “stronger competitor against dominant streaming and technology platforms.’

FOX’s Krystin Goodwin speaks with Jon Leibowitz, antitrust legal counsel to ‘Paramount+’ and former Chairman of the Federal Trade Commission (FTC), who says he is confident the merger will boost competition and will offer much more content to viewers.

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