Paramount files lawsuit against Warner Bros. amidst controversial Netflix merger

As two major streaming platforms—Warner Bros. and Netflix—prepare for a merger, concerns continue to be voiced about the implications of the deal, which represents more consolidation in the media business.On Monday, Paramount CEO David Ellison announced that the company has filed a lawsuit against Warner Bros. Discovery (WBD) in Delaware, demanding greater financial disclosure regarding Netflix’s $82.7 billion acquisition.  In a letter to shareholders, Ellison disclosed that the lawsuit has been filed in t ...