Fuse Media has raised objections to the proposed $8.4 billion merger between Paramount Global and Skydance Media. The Center for American Rights, a non-profit public-interest law firm, has also filed a petition with the Federal Communications Commission (FCC) challenging the merger. This follows a series of legal developments in the sports streaming sector, where FuboTV's antitrust lawsuit against Disney, Fox, and Warner Bros. Discovery has gained traction. A judge has denied motions to dismiss the case, allowing it to advance, while the Venu Sports antitrust litigation, which involves ESPN and other platforms, is also set for trial in 2025 after the court rejected efforts to dismiss it.
The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to challenge the planned $8.4 billion merger between Paramount Global (PARA.O), opens new tab and Skydance Media, a filing showed on Tuesday. China's…
The Center for American Rights, a public interest law firm, has filed a petition with the FCC challenging the pending merger of Paramount Global and Skydance Media https://t.co/GhV825elkJ
The Center for American Rights, a non-profit public-interest law firm, has petitioned the FCC to challenge the planned $8.4 billion merger between Paramount Global and Skydance Media, a filing showed https://t.co/j3EMU1fwv5 https://t.co/9sNsoF3JlV