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Merger Cleared: Activists Vow to Continue Fight
21 Sep
Summary
- Coalition expresses disappointment and anger over Paramount's settlement.
- Activists claim the deal harms film, journalism, and democracy.
- The group vows to continue fighting media consolidation and harms.
The Block the Merger coalition has voiced significant disappointment and anger following Paramount's settlement with 12 state attorneys general, which has cleared their antitrust lawsuit. The group issued a statement indicating that the deal is detrimental to the future of film, entertainment, independent journalism, and democracy in the country.
Activists within the coalition assert that the interests of average Americans have been overridden to benefit wealthy individuals. They highlighted that their mission transcends a single merger, focusing instead on the broader harms of media consolidation and the promotion of diverse voices.
The coalition has vowed not to cease their efforts, characterizing the movement as grassroots and demonstrating Americans' resistance to corruption. They are committed to continuing the fight for accountability and policy reforms aimed at dismantling large conglomerates and preventing future consolidations.
This battle may be over, but the coalition stated they will not stop fighting until the war against unchecked media power is won. They emphasized that this is not the last the public will hear of the fallout from this merger or from their ongoing activism.
