Warner Bros. Discovery Merger Under Fire From Lawmakers Asking Justice Dept. to Revisit Deal

Nearing the one year anniversary of Discovery and AT&T’s WarnerMedia merger, four Democrats in Congress are calling for the Department of Justice to reassess the deal.to “adopt potentially anticompetitive practices” that prompted numerous layoffs and reduced programming options for consumers.

They allege that “current competition in the media and entertainment industry is inadequate.”the agency in a letter in Dec. 2021 that the resulting competition vacuum would harm workers and consumers.

donwinslow Somethings off with David Zaslav he's a destroyer not a builder and uses other ppls coattails to make himself look good and his under link Chris Licht is not as good as Colbert made him out he has turned CNN to the butt of jokes even by watchers of the channel

donwinslow Good. Anyone paying attention can see the next move is for wbd and comcast to merge, causing even more of the problems outlined in this article. This stuff all needs to stop, for the sake of both content creators and for consumers.

Oh that's so sad ..

BoyCottWBD

RayJRayburn check it

RestoreTheSnyderVerse

ReleaseBatgirl RestoreTheSnyderVerse𓃵

BoycottWBD

From Batgirl and Snyderverse, Gotham, Legends, every disenfranchised HBOMax series, every Zack Snyder, Henry Cavill, Ben Affleck, Ray Fisher, Ruby Rose, Leslie Grace, Brendan Fraser supporter? And that Wozniak guy going after Reeves? I don't know, this picking up would look wild.

Oh boy. I was 80% behind them before Gunn came in. Now I want them to pay. So bad...

BoycottWBD

Better get that money ready, the fines are coming. Could always SellSnyderVerseToNetflix for some quick cash 😎

Wolf_DCU this doesn’t look like the comeback of the decade 💀

Fox-Disney and WB-Discovery shouldn't have happened in the first place.

Umberto’s paychecks for shilling new crap and blaming fans are about to stop coming in the mail. RIP Bozo.

MichelArouca

They may be suspecting this is going to be flipped to another big entity looking to establish a monopoly

Yes, please split them up.

This is dumb. First the company must survive for everyone’s sake. If not all jobs are at risk. When you have over $50 Bn debt they need to first reduce it. I’m surprised these guys know anything about business.

Tell them those shitty politicians do this same with Disney 🤣🤣🤣💀

haciendomovidas

I fully support this. Happy they finally looking into this.

Oh sh!t 😮

Thank God.

😂😂😂

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warner Bros. Discovery called out for scrapping Latino programs, CNN cuts post-mergerLawmakers are calling for a U.S. Department of Justice review of the Warner Bros. Discovery merger after company scrapped Latino programs and made cuts at CNN. Lol, private companies can do what they want, as long as they are on our side. Get rid of the activism and we have problems!
Source: latimes - 🏆 11. / 82 Read more »

Lawmakers Want Justice Department To Investigate Warner Bros. Discovery, Claiming Merger Harmed Workers And Reduced Content ChoiceFour Democratic lawmakers want the Justice Department to investigate Warner Bros. Discovery, claiming that the merged company has harmed workers and reduced consumer choice. Sen. Elizabeth Warren (… Harmed workers and reduced content choice? Did these 'lawmakers' get Disney and WBD confused? zaslav is already regretting canceling batgirl
Source: DEADLINE - 🏆 109. / 63 Read more »

Lawmakers Want DOJ To Investigate Warner Bros. Discovery, Claiming Merger Harmed Workers And Reduced Content Choice; Cite Axed ‘Batgirl’ In LetterArguing that the merger has led to the 'hollowing out' of an 'iconic American studio,' the lawmakers also cited the cancellation of projects and the removal of content from the HBO Max platform (Cont.) They wrote that 'audiences will never see such projects like Batgirl, a $90 million film that was cancelled while 'deep into post-production,' despite consumer outcry, reportedly to allow WBD to claim a tax break' Good, I think. What an insane overreach. The workers on the production were paid. It's not anticompetitive to choose not to release a movie. This reeks of culture war.
Source: DEADLINE - 🏆 109. / 63 Read more »