Whining Actors Aside, There’s No Real Antitrust Reason To Block Paramount Merger
Stopping the Paramount merger will do nothing to reverse Hollywood’s employment slump.
Nearly a year has passed since news broke that Paramount was preparing to acquire Warner Bros. Discovery (WBD).
Since then, the companies have finalized plans to combine their studios, streaming services and extensive portfolio of television and cable channels into a single media company better positioned to compete with Netflix, Amazon and Disney. The $111 billion merger has cleared regulatory hurdles in Washington, Brussels and elsewhere, and could close as early as this month.
The opposition to the merger, by contrast, has largely consisted of an open letter signed by left-leaning actors and California AG Rob Bonta’s warning that the deal raises “red flags everywhere.” Yet neither Bonta nor other skeptics have explained what those red flags are, much less how they would justify blocking the transaction under antitrust law.
Politics
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Is American Nationalism Still Creed-able?
We are not there now, but there is reason to worry that the United States is in danger, if we are not careful, of ceasing to be a nation with the principles of 1776 at its core.
National Civitas Institute Poll: Americans are Anxious and Frustrated, Creating a Challenging Environment for Leaders
The poll reveals a deeply pessimistic American electorate, with a majority convinced the nation is on the wrong track.
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Rail Giants Hate the $71 Billion Merger. The Rest of Us Should Love It
Based on the record, the case for approving the merger is even stronger than when it was first announced.
The Democrats Are a Menace to America’s Jews
Abdul El-Sayed’s victory in Michigan’s Democratic primary is an ominous sign.
Can Britain’s Next Prime Minister Escape the Net Zero Trap?
Britain has burned through five Prime Ministers and is paying some of the highest electricity prices in the world.
The Scanner at the Gate: Europe’s China Policy Litmus Test
China’s industrial policy is entering Europe through public procurement—and reshaping sensitive markets from within.
Confronting the New Antisemitism
"The postwar effort 'to rebrand Judaism as a religion' has made it impossible for American Jews to understand what they are facing today, because what we are facing today is an attack on the idea of Jewish peoplehood.”
“Democratic” Socialism Is Undemocratic
By promoting class hatred, suppressing private initiative, and seeking enhanced control of our lives, today’s democratic socialists undermine patriotism and individual initiative—two qualities that have long distinguished the United States from other major nations.
