A group of 12 Democratic state attorneys general is suing to block Paramount Skydance’s merger with Warner Bros. Discovery — arguing the transaction violates antitrust law by giving the combined company undue power in three markets: wide-release theatrical distribution, tentpole movies and basic cable TV. Paramount says the suit “distorts settled antitrust law” and that the […]
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- David Zaslav Files to Sell $59 Million More in Warner Bros. Discovery Stock Uncategorized As Paramount Skydance’s deal to take over Warner Bros. Discovery is still pending, WBD CEO David Zaslav is continuing to cash out his stock in the company he is set to depart in the coming months. Zaslav filed to sell about 2.18 million shares of Warner Bros. Discovery stock, valued…
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- Emboldened City Council blocks Mayor Johnson's proposed CHA board takeover News Mayor Brandon Johnson’s plan to seize control over the Chicago Housing Authority board led by mayoral challenger Matthew Brewer was thwarted Tuesday after yet another City Council revolt. Johnson introduced three appointments to the CHA board, including Brewer’s replacement, to a Housing Committee chaired by one of his closest allies…
- South Chicago man, 19, killed in weekend shooting on his block News Police are seeking the shooter who killed a 19-year-old man early Saturday in South Chicago. Jaylen Hood, 19, was in a residence in the 8100 block of South Manistee Avenue when someone shot him multiple times, police said. Hood, who lived on that block, was taken to the University of…
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