Paramount defends Warner bid amid California probe

Paramount Skydance has defended its attempt to buy the legendary Warner Bros. studio, in a letter to California’s top lawyer whose office is probing the $110 billion bid, US media reported Tuesday. The move comes amid growing calls for regulators to block the takeover, with creators in Hollywood fearing the highly leveraged buyout will mean […] The post Paramount defends Warner bid amid California probe appeared first on Digital Journal.