Mark Ruffalo says Paramount’s $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

Source: Fortune ·

Mark Ruffalo says Paramount’s $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

A federal judge cleared the final legal hurdle for the megamerger on Wednesday. The deal is expected to close Oct. 6.

From the source

Mark Ruffalo isn’t giving up his fight against Paramount Skydance’s takeover of Warner Bros. Discovery, even with the deal days from closing. On Sept. 30, U.S. District Judge Araceli Martínez-Olguín approved Paramount’s settlement with 12 state attorneys general. That cleared the last legal obstacle to the roughly $111 billion merger. Hours later, Ruffalo took to X to condemn the outcome. “This merger will stifle creativity, weaken free speech, and cost people their jobs—it is a bad deal for this country and should never have been approved,” Ruffalo wrote on X. “This is an incredibly disappointing outcome for the hundreds of thousands of us who stood up to block it, but it’s also not the end.” “This grassroots movement isn’t going to fade away and neither is our resolve,” the post continued. “This was never about just one merger: this was about fighting back against corrupt oligarch billionaires trampling the interests of everyday people to line their own pockets. We’re still in that…

BestAIBroker analysis

Read the original source