July 25, 2026
The lawsuit threatens Paramount CEO’s bid to transform his company into a major competitor to Netflix and Disney
The deal has been approved by the United States, China, Australia, Germany, France and Saudi Arabia
Stand-up comedian Adam Conover frames the ongoing media consolidation as an existential threat to an industry that made the US a cultural power
EU, Canada, California are also engaging with other companies
DOJ deepens antitrust review over competition and job concerns
Netflix has declined to match Paramount’s $31-per-share offer
Netflix exits Warner Bros takeover bid citing financial concerns
Paramount's new bid is for $31 per share