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re: Paramount and California AG Bonta Have Officially Settled

Posted on 9/24/26 at 11:47 am to
Posted by Proximo
Member since Aug 2011
25312 posts
Posted on 9/24/26 at 11:47 am to
quote:

“Any briefing and comment process that would enable non-parties to delay the closing of this transaction—inflicting massive harm on Paramount—without filing their own antitrust action, making the showing required under the Clayton Act to obtain preliminary injunctive relief, or posting a bond to protect Defendants from the harm caused by such delay would be improper,” said an opposition filing by the David Ellson run company and WBD this morning


absolutely insane the judge is allowing this circus but it's california
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
61443 posts
Posted on 9/24/26 at 1:40 pm to
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quote:

The judge in the Paramount-WBD litigation wants to make sure the settlement was the result of "arms' length" negotiations. That means that the parties negotiated independently, each pursuing its own interests — without a hidden arrangement or improper pressure. An attorney for the state of CA says it was indeed arms' length.

quote:

Quite a moment: Under the settlement, Paramount-WBD would be forced to sell its stake in Miramax if it fails to release 30 films a year. The judge had a question for the parties: “Talk with me a little bit about the significance of Miramax … I don’t know anything about Miramax.” Well, there were these two brothers, Harvey and Bob Weinstein, whose vision forever changed independent cinema…
Posted by Deadmanshand
Member since Jun 2026
374 posts
Posted on 9/24/26 at 4:37 pm to
Far left judge playing god again.
Posted by Ohana
Member since Aug 2026
247 posts
Posted on 9/24/26 at 4:40 pm to
quote:

Far left judge playing god again.



Liberal judges are once again ruining society by the day
Posted by imjustafatkid
Alabama
Member since Dec 2011
68842 posts
Posted on 9/24/26 at 5:43 pm to
Leftists are the worst people in the world.
Posted by Roaad
White Privilege Broker
Member since Aug 2006
86012 posts
Posted on 9/25/26 at 1:19 pm to
quote:

Far left judge playing god again.
Based on those quotes, it appears she is doing due diligence that the settlement was negotiated properly, in that there was no collusion.

Full disclosure, I didn't read the linked article
Posted by molsusports
Member since Jul 2004
37761 posts
Posted on 9/25/26 at 2:06 pm to
There is a report from the New York Post among other outlets that Ellison may sell off the rights to CNN (and CBS?) to a group of investors including Elon Musk.

Take it FWIW but that would seem like a FU to Bonta and Gavin as much as a business decision by Musk or Ellison.

I'm not sure what economic value versus political value the television rights have really. At first glance the cable and network viewership numbers seem far less culturally relevant than giants like YouTube and Tik Tok in American culture.

The bigger value for Paramount and Netflix is really the intellectual property rights as far as I can tell.
Posted by imjustafatkid
Alabama
Member since Dec 2011
68842 posts
Posted on 9/25/26 at 2:29 pm to
quote:

I'm not sure what economic value versus political value the television rights have really. At first glance the cable and network viewership numbers seem far less culturally relevant than giants like YouTube and Tik Tok in American culture.


CNN's real impact is the negative image of the USA that they portray throughout the world.
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