EU clears $110bn Paramount and Warner Bros merger, but it remains on hold in US
The European Commission gave its green light, but it came with conditions attached for Paramount.
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Notable Quotes
"the merged company would have 'tremendous power to suppress our wages' and 'eliminate opportunities for emerging writers'."
— Tom Fontana , Activist
"'The TRO itself is just a short pause and doesn't decide the case, but it signals that the court views the states' theatrical-market theory as serious.'"
— Alon Kapen , Executive
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The European Commission gave its green light, but it came with conditions attached for Paramount.
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