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12 states sue to block Paramount’s Warner Bros. takeover

moviesJul 13, 2026471,989

California Attorney General Rob Bonta and 11 other state attorneys general sued Monday in the Northern District of California to block Paramount Skydance’s proposed roughly $111 billion acquisition of Warner Bros. Discovery, arguing the deal would “snuff out competition, drive up prices, diminish content quality, and produce fewer movies and shows each year.” The coalition named Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon and Washington as co-plaintiffs; all twelve AGs are Democrats. Paramount said it will fight the lawsuit, calling it “wrong on both the facts and the law” and pointing to prior approvals from regulators around the world and the U.S. Department of Justice. The DOJ’s review drew accusations of political favoritism, with Senator Elizabeth Warren calling the approval corrupt, and state officials told CNN they brought the suit because they believe the Trump administration abandoned antitrust enforcement. The merger agreement includes a ticking fee that raises Paramount’s cost if the deal is not closed by the end of September, and the states said they have asked the companies not to close until the judicial process finishes and may seek a temporary restraining order if the companies proceed. If a restraining order were granted, Paramount would be blocked from completing the deal, though the company would almost certainly appeal, setting the stage for a prolonged, high-profile antitrust battle.

Robert Reich
@rbreich.bsky.social

Paramount is reportedly considering leaving California if the state’s Attorney General sues to stop its proposed takeover of Warner Bros. That’s all the more reason to stop Paramount from amassing even more power.

10313h ago
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