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Todd Spangler
NY Digital Editor
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Emma McIntyre/Getty Images Hollywood powerbroker Ari Emanuel rallied to the defense of his friend and business associate David Ellison, claiming that the state attorneys general trying to block Paramount’s Warner Bros. Discovery deal are threatening to “destroy” competition in the entertainment industry.
Emanuel, who is CEO of TKO Group and former head of Endeavor, penned an op-ed published Tuesday by the Wall Street Journal. In it, Emanuel echoes many of Paramount’s key talking points. He says the lawsuit led by California attorney general Rob Bonta puts Hollywood — which he says has made “America the cultural center of the world” and is “a domestic economic growth engine” — at risk. The state AGs “say they are protecting competition. Their actions threaten to destroy it,” he says.
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