Entertainment
Justice Department Probes Warner Sale’s Impact on Theaters
Warner Bros. Studios in Burbank, California.
Photographer: Ethan Swope/BloombergThe US Justice Department has summoned some of the country’s largest theater chains to private conversations about the potential impact of a sale of Warner Bros. Discovery Inc., according to people familiar with the matter.
Government antitrust lawyers are seeking information on how a sale would impact the movie-going public, and whether it could result in fewer films being released in theaters, said the people, who asked not to be identified discussing confidential meetings.