Paramount Funds, ‘Leaks’ Dodgy Study Saying California Will Suffer If Its Merger Is Blocked

Larry and David Ellison are desperate to get their unpopular $111 billion merger between Paramount/CBS and Warner Brothers across the finish line. So they’ve been engaging in no shortage of dodgy behavior to try and derail the only thing left standing in their way: the 12-state antitrust lawsuit claiming that more media consolidation is anti-competitive and will result in thousands of new layoffs. In recent weeks the Trump-allied billionaire and his nepobaby son have taken to trying to claim all merger opponents are somehow “antisemitic,” at one point even going to far to create a fake consumer group that used AI to generate bogus support for the megadeal. They’ve also endlessly threatened to leave California if the...

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