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Hollywood Mogul Ari Emanuel Backs Paramount-Warner Bros. Merger
['Paul Bois']
Breitbart News
Ari Emanuel, executive chairman of William Morris Endeavor (WME), has endorsed the Paramount-Warner Bros. merger.
Emanuel expressed his thoughts about the merger in an op-ed for the Wall Street Journal where he said that the current antitrust lawsuits filed by state attorneys general miss the mark.
“When government officials manipulate markets to reach political outcomes, antitrust stops protecting competition and starts threatening it,” Emanuel writes.
“The attorneys general should drop this case and get back to enforcing the laws as they are written.
“The attorneys general don’t get to ignore the platforms that compete every day for audiences, talent, capital and content just because it makes their case harder,” he wrote.