Вход на сайт

Просмотр новости

Найдите то, что Вас интересует

Ari Emanuel Backs Paramount-WBD Deal In WSJ Op-Ed, Blasts States’ Antitrust Lawsuit As “Trash”

Дата публикации: 28-07-2026 23:16:41

Ari Emanuel is throwing his weight behind Paramount’s pending $110 billion acquisition of Warner Bros. Discovery, blasting the antitrust lawsuit against it as “trash” in an op-ed in the Wall Street Journal. From the headline arguing the merger “could save Hollywood” to its coda urging government regulators to let creatives “get back to trying to […]

Основное содержимое страницы с новостью.

Ari Emanuel is throwing his weight behind Paramount‘s pending $110 billion acquisition of Warner Bros. Discovery, blasting the antitrust lawsuit against it as “trash” in an op-ed in the Wall Street Journal.

From the headline arguing the merger “could save Hollywood” to its coda urging government regulators to let creatives “get back to trying to rip each other’s heads off,” the piece is a strong endorsement at a key moment. Once widely considered a cinch to close over the summer, the deal has been put into limbo by the suit by 12 state attorneys general. After clear signs that a judge was skeptical of its defense, Paramount decided to agree to go to trial and not to close the deal before June 1, 2027, or a favorable ruling, whichever comes first.

Emanuel, CEO of TKO Group Holdings and former longtime super-agent who build Endeavor into a major force in Hollywood, is not without conflict in the legal battle. TKO’s UFC last year became one of the first beneficiaries of Paramount’s new ownership when the David Ellison-run company paid $7.7 billion for rights to the mixed martial arts circuit.

Watch on Deadline

RELATED: David Ellison “Confident” WBD Deal Will Close, Thanks Staffers For Continued Patience

The tagline used to identify Emanuel to Journal readers says only that he is “executive chair and CEO of TKO, which does business with movie studios.” It also declines to note that he is executive chair of WME Group, corporate parent of major agency WME.

The attorneys general “say they are protecting competition. Their actions threaten to destroy it,” Emanuel warns. “The real threat to competition is what happens if the attorneys general succeed.”

“You know an antitrust case is trash when it ignores some of the fastest-growing competitors in the market,” he writes. The plaintiffs “pretend Amazon MGM, A24 and Lionsgate don’t exist and that Netflix isn’t leaning into theatrical films with its coming release of Greta Gerwig’s Narnia: The Magician’s Nephew (which I suspect will whet its appetite for more).”

RELATED: Benedict Cumberbatch Says Paramount-Warner Deal Is A “Calamity” That Must Be Blocked

In the theatrical movie arena, the claims in the complaint about concentration do not “remotely reflect reality,” Emanuel insists.

Addressing one of area of controversy, Emanuel says studio theatrical releases compete with YouTube, video games and an array of other screen content. (The lawsuit says the market should be defined as direct competitors in movie releasing, noting that it would effectively collapse two major studios into one.)

“You think I’m letting my client’s horror movie premiere on the same day as a MrBeast video? Or the release of the latest Call of Duty? Or when Netflix drops Wednesday? Think again,” the exec writes. “The attorneys general don’t get to ignore the platforms that compete every day for audiences, talent, capital and content just because it makes their case harder. Believe me, as somebody who’s in those rooms, every green light, marketing budget and release date is decided against the reality of that broadly competitive environment.”

RELATED: Paramount-WBD Merger Opponents Cheer Legal Delay, Stocks Slide As Industry Absorbs Latest Plot Twist

The complaint’s monopoly assertion about cable network concentration, an issue that has surprisingly come to the fore in the case a decade after pay-TV’s peak, involves the same “sleight of hand,” Emanuel contends. “This might have been a good argument in 2005 but is absurd in a world of fast-shrinking cable subscriptions and the rise of streaming, which has transformed both consumer behavior and the bargaining environment.”

The delay in the case, which will result in Paramount paying a self-imposed “ticking fee” of $650 million per quarter as long as the deal is not closed, already has harmed the company, in Emanuel’s view, by draining its financial resources.

Politics has been a prominent part of the dealmaking saga and the lawsuit, from President Trump’s UFC connections to the fact that the lawsuit was filed by an all-Democrat roster of AGs. Addressing the issue, Emanuel affirms he is “a lifelong Democrat” who is sensitive to the fate of CNN. “But antitrust law can’t be a tool for settling arguments, whether wielded by a Democrat or Republican,” he writes.

Jill Goldsmith contributed to this report.

More from this Story Arc

Paramount WB

Схожие новости

#Наименование новостиТональностьИнформативностьДата публикации
1WGA Sues To Block Paramount-Warner Bros. Discovery Merger0714-07-2026
2Paramount agrees to delay closing Warner buyout for months010.1924-07-2026
3Writers Guild of America seeks to block Paramount's buyout of Warner in latest merger challenge0714-07-2026
4Paramount-WBD Merger Delayed Until at Least Mid-2027 as Antitrust Cases Move Toward Trial015.8624-07-2026
5Paramount-WBD Merger Is Competition Killer, State Attorneys General Allege In Proposed Blockbuster Antitrust Action-8713-07-2026
6Paramount snaps back at California in furious statement amid WBD war — before turning its anger on Netflix-2513-07-2026
7Antitrust lawsuit on Paramount-Warner Bros. merger is just a ploy to stoke anti-Trump hate before midterms011.3212-07-2026
8Judge hits brakes on Paramount, Warner Bros. Discovery merger0820-07-2026
9State Attorneys General Sue to Stop Paramount Skydance's Corrupt Takeover of Warner Bros. Discovery-5713-07-2026

Классификация: Экономика. Схожих патентов: 0. Схожих новостей: 9. Тональность: 0. Информативность: 12.11. Источник: deadline.com.