Writers Guild Of America Also Sues Paramount, Citing Looming Merger Layoff Bloodbath
Not long after twelve states sued Paramount claiming its $111 billion merger with Warner Brothers would harm market competition, the Writers Guild of America (WGA) filed their own lawsuit, warning that the massive debt load from the media industry’s latest megamerger will result in an ocean of layoffs for an already reeling U.S. entertainment industry. […]
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