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Share-Owning Journalism Orgs Press Paramount For Company Docs On Corrupt Trump Merger Dealings
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Share-Owning Journalism Orgs Press Paramount For Company Docs On Corrupt Trump Merger Dealings

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from the do-not-pass-go,-do-not-collect-$200 dept More than 4,000 Hollywood insiders recently  signed a letter  blasting Paramount’s planned $111 billion merger with Warner Brothers, noting that the massive consolidation will be very historically harmful to labor, consumers, and creatives. That’s a very correct observation , especially as it relates to Warner Brothers, which has never been involved in a merger that didn’t result in mass layoffs , higher prices for everyone, and a significantly shittier overall product . Now a coalition of press groups, including Freedom of the Press Foundation (FPF) and Reporters Without Borders, are pressing Paramount regarding “potentially corrupt acquisitions and deals” they argue could undermine shareholder value by degrading the (already sagging) quality of journalism at CBS News and CNN, while “relinquishing editorial control of major news outlets to the Trump administration.” In a letter sent to former Trump DOJ “antitrust enforcer” (using that term…

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