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Democrats in New Jersey Join Anti-Warner-Paramount Merger Coalition
Developing
Hudson County, New Jersey, Democratic leaders are calling on Attorney General Jennifer Davenport to withdraw the state from its involvement in a lawsuit seeking to stop the merger between Paramount-Skydance and Warner Bros. Discovery.
In an op-ed published by the New Jersey Globe, Bayonne Mayor Sharon Ashe-Nadowski, Hudson County Executive Craig Guy, state Sens. Raj Mukherji, Brian Stack and Angela McKnight, in addition to state Assembly members Jerry Walker, William Sampson, Ravi Bhalla, Katie Brennan, Larry Wainstein and Gabriel Rodriguez urged Jennifer Davenport to withdraw from the lawsuit, citing potential economic benefits for the state.
"Now that New Jersey is a party to this litigation, whether or not we might have chosen a different course at the outset, the question is how best to protect the interests of the State going forward. We respectfully urge our Attorney General to withdraw our state from this action or work toward a prompt and reasonable resolution of this matter and to be a voice of reason in the room," they wrote.
"New Jersey is the birthplace of the American film industry, and the state is now a burgeoning hub for film and television production. Given our state’s leadership in the film and television industry, we must protect our residents when corporate media monopolies threaten to upend the industry by raising prices and reducing content choices," Jennifer Davenport said at the time.
"New Jersey has spent years building a film and television industry capable of competing with New York, California, Georgia and production centers around the world including the U.K., attracting transformational investments from Netflix and Lionsgate," the officials wrote.
"We are increasingly concerned that New Jersey taxpayer dollars are being committed to litigation whose merits appear uncertain while its potential costs to the State and to our economy continue to escalate," they wrote.
What's confirmed
What's still developing
- Hudson County, New Jersey, Democratic leaders are calling on Attorney General Jennifer Davenport to withdraw the state from its involvement in a lawsuit seeking to stop the merger between Paramount-Skydance and…
- In an op-ed published by the New Jersey Globe, Bayonne Mayor Sharon Ashe-Nadowski, Hudson County Executive Craig Guy, state Sens. Raj Mukherji, Brian Stack and Angela McKnight, in addition to state Assembly members…
- "New Jersey has spent years building a film and television industry capable of competing with New York, California, Georgia and production centers around the world including the U.K., attracting transformational…
- "We are increasingly concerned that New Jersey taxpayer dollars are being committed to litigation whose merits appear uncertain while its potential costs to the State and to our economy continue to escalate," they wrote.
- "Now that New Jersey is a party to this litigation, whether or not we might have chosen a different course at the outset, the question is how best to protect the interests of the State going forward. We respectfully…
- "New Jersey is the birthplace of the American film industry, and the state is now a burgeoning hub for film and television production. Given our state’s leadership in the film and television industry, we must protect…
Sources
- Fox Business link