Paramount has accused Netflix of running a 'scorched-earth campaign' to undermine its proposed merger with Warner Bros. Discovery, claiming Netflix is trying to influence regulators and stakeholders against the deal. The accusation came in a letter from Paramount's chief legal officer to the DOJ's Antitrust Division, responding to concerns raised by the Teamsters union about potential job losses. Paramount argues the merger would actually create more content production opportunities and benefit workers across the industry.
Background
The media and entertainment industry is experiencing significant consolidation, with major players seeking mergers to compete in the streaming era. Paramount's proposed acquisition of Warner Bros. Discovery is one of several high-profile media mergers currently under regulatory scrutiny.
- Source
- Ars Technica
- Published
- Jun 10, 2026 at 04:15 AM
- Score
- 6.0 / 10