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Los Angeles Times
Source: Los Angeles Times
24 HrsLos Angeles Times
Source: Los Angeles Times
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A proposed $111-billion merger between Paramount Skydance and Warner Bros. Discovery could lead to the loss of approximately 4,500 jobs in Los Angeles over three years and result in $1.26 billion in lost wages, according to a new report. The deal faces legal challenges from California and other states over antitrust concerns, with a trial scheduled for March. The merger has drawn criticism due to fears of widespread layoffs and the ongoing decline of film and TV production in Los Angeles.
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