California Attorney General Says Paramount Needs Stronger Concessions Amid Antitrust Laws'
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California Attorney General Rob Bonta said Thursday it would take “robust” concessions from Paramount boss David Ellison to settle an antitrust lawsuit brought by 12 lefty state attorneys general against his acquisition of Warner Bros. Discovery.
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“Movie theatres rely on competition between Paramount and Warner Bros,” the complaint said. “Through this competition, theatres incentivize creativity and quality, and they secure competitive prices and terms for themselves and for audiences.”
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But as of Tuesday, all three of the nation’s largest movie theater operators – AMC, Regal and Cinemark, which combined account for 60% of movie ticket sales nationwide – have thrown their support behind the Paramount deal.
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01 CNBC It should come as no surprise that the number of artificial intelligence-specific tech workers is growing rapidly, and the effect of this growth on regional office markets is substantial. For the first time, New York's office market is home to the most tech workers, thanks in large part to AI, according to a new report from CBRE.
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02 New York Post Business Morgan Stanley has picked Dallas for a major expansion of its banking empire outside New York City — accelerating Wall Street’s migration to Texas following the election of Mayor Zohran Mamdani, The Post has learned.
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03 National Review Economy Mamdani’s Bodega Bailout The New York City mayor’s push to get his city-run grocery stores up and running is fueled by delusions.
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Sources (3)
- nationalreview-econ
- cnbc
- nypost-biz