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FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off

First publishedJul 14, 21:04 UTC
Last updatedJul 15, 20:25 UTC · 5m ago
11 outletBusiness Insider11 outletSeattle Times11 outletVariety11 outletThe Hill
Business Insider6California AG says Paramount's Netflix defense misses the pointOpen ↗Seattle Times6Writers Guild of America seeks to block Paramount’s buyout of Warner in latest merger challengeOpen ↗Variety6Paramount Skydance Agrees to Link Merger Antitrust Case to Pre-Existing Paramount+ Subscriber SuitOpen ↗The Hill7FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun offOpen ↗
4 outlets over time — hover a bar for its window & outletslast updated
FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off - image 1FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off - image 2FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off - image 3
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6.3/10Source trustoutlet authority
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Answer

Federal Communications Commission (FCC) Chair Brendan Carr said Wednesday California could drop its joint lawsuit against Paramount Skydance’s acquisition of Warner Bros. Discovery if CNN was spun off to be its own media entity.

Reported by 4 outlets — The Hill, Variety, Seattle Times, Business Insider. See all sources ↓

Federal Communications Commission (FCC) Chair Brendan Carr said Wednesday California could drop its joint lawsuit against Paramount Skydance’s acquisition of Warner Bros. Discovery if CNN was spun off to be its own media entity. “There was a story that broke a couple weeks ago that said that California was floating the idea, according to news reports, of dropping all antitrust litigation if there was one condition that was met, which is that the purchase involved was spinning off of CNN,” Carr told The Hill’s Julia Manchester, noting that he doubts if the legal challenge will be successful. He added he did not “understand what antitrust theory you have that says there’s a problem with this acquisition that is made or broken based on one cable channel being included.” “So, I think it’s a bit of a tell that this really isn’t a legitimate antitrust case, but ultimately, that’ll be up for the courts to decide,” the FCC chair continued.

Read the full report at The Hill ↗

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In brief
What's the story?
Federal Communications Commission (FCC) Chair Brendan Carr said Wednesday California could drop its joint lawsuit against Paramount Skydance’s acquisition of Warner Bros. Discovery if CNN was spun off to be its own media entity.
How widely is it covered?
4 outlets, average source rating 6.3/10.
When was it last updated?
5m ago.
Different angles across outlets
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  • Coverage card4 outlets
    1Coverage
    Scouting report

    FCC Chair Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off

    Sources4
    TypeCoverage
    The Hill
    Variety
    Seattle Times
    Business Insider
Related in the knowledge graph
organizationCaliforniaorganizationChair Brendan CarrorganizationCNNorganizationFCCorganizationFCC Chair CarrorganizationFederal Communications CommissionorganizationParamountorganizationWarner Bros
Sources (4)
Avg source rating 6.3/10
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