12 U.S. States Sue to Block Paramount’s $110 Billion Warner Bros. Takeover
A coalition of 12 U.S. states, led by California Attorney General Rob Bonta, has filed a lawsuit seeking to block Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the deal would create an unlawful media monopoly and significantly reduce competition across the entertainment industry. The lawsuit contends that the merger would combine…