MT Newswires67d agobearish
Paramount, Warner Bros. Face Multistate Lawsuit Seeking to Block MergerParamount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros
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Reuters Videos68d agoneutralVIDEO
California AG says Paramount-Warner Bros merger would 'extinguish competition'<body><p>STORY: :: California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros</p><p>:: Los Angeles, California / July 13, 2026</p><p>:: Rob Bonta, California Attorney General</p><p>"We're here, I'm here to announce a lawsuit that I filed, and that a coalition of 12 states have filed challenging the proposed merger of Paramount, Skydance and Warner Brothers Discovery and asking the court to block the merger from moving forward." // "This $110 billion proposed merger, the largest merger in Hollywood history, would extinguish competition. It would result in higher prices, lower content quality and fewer movies and TV shows." // As our complaint makes clear, this deal is illegal under the Clayton Act. That is a law that has been on the books for over 100 years. It prevents mergers that may substantially lessen competition or tend to create a monopoly."</p><p>The lawsuit is a serious threat to Paramount CEO David Ellison's bid to transform his company into a major competitor to Netflix and Disney.</p><p>If allowed to move forward with the deal, Paramount would control 27% of the distribution market for films that appear on screens across America, 30% of blockbuster film distribution and 27% of the market for basic cable channels, the states said.</p><p>It will likely take months for a ruling on the states' claims, causing a delay that could rack up hundreds of millions of dollars in costs for Paramount.</p><p>The deal has led to an outcry from actors, writers, and others fearing it will hurt jobs. Theater owners also opposed the deal, worrying the combination of the Warner Bros movie studio with Paramount Pictures would result in fewer films.</p><p>Paramount said the lawsuit distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry.</p></body>
Barrons.com68d agobearish
Paramount, Warner Bros. Stocks Rise Despite Lawsuit Filed to Block Their MergerCalifornia Attorney General Rob Bonta is leading a coalition of 12 attorneys general in filing a lawsuit challenging the acquisition of Warner Bros. by Paramount.
MT Newswires68d agoneutral
Update: California AG-led Coalition Sues to Block Paramount Skydance-Warner Bros. Merger(Updates with Paramount Skydance's statement in the fourth and fifth paragraphs.) Paramount Skyda
Investing.com68d agoneutral
California-led coalition sues to block $110 billion Warner Bros.-Paramount mergerInvesting.com -- California Attorney General Rob Bonta on Monday led a coalition of 12 state attorneys general in filing a lawsuit to block Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the deal would unlawfully reduce competition across the U.S. film and television industry.
Yahoo Finance Video70d agoneutralVIDEO
Paramount–Warner Bros. merger could make HBO Max a 'staple' — even rivaling NetflixInvestors are still waiting for the Paramount (PSKY)–Warner Bros. (WBD) merger to finalize. Morgan Stanley head of media & entertainment and cable & telecom equity research, Sean Diffley, chats with Yahoo Finance Executive Editor Brian Sozzi about AI's impact on the creative process, his outlook for streaming, and more.
MT Newswires71d agobearish
Update: Market Chatter: Paramount, Warner Bros. Discovery Merger Possibly Faces Lawsuits From US States to Block Deal(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo
InvestorsHub72d agoneutral
Paramount Delays Warner Bros Acquisition Closing as Oregon Review Continues (PSKY)Closing Timeline Extended Pending Regulatory ReviewParamount (NASDAQ:PSKY) has confirmed that it will not complete its proposed $110 billion acquisition of Warner Bros (NASDAQ:WBD) before 22 July, extending the expected closing timeline by at least another week as Oregon authorities continue reviewing the transaction. The announcement follows action by the Oregon Attorney General’s office, which disclosed the revised timetable on Wednesday.
MT Newswires72d agobearish
Market Chatter: Paramount, Warner Bros. Discovery Merger Possibly Faces Lawsuits From US States to Block DealParamount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws
Stocktwits72d agoneutral
PSKY, WBD Aren’t Out Of The Woods Yet: US States Could Reportedly Sue To Block $110B Merger Next WeekReuters said late Wednesday, citing sources familiar with the matter, that U.S. states are concerned the acquisition will hurt competition and are considering suing to block the deal as soon as next week.
MT Newswires81d agoneutral
Update: Paramount, Warner Bros Discovery Merger Might Face Potential UK Intervention(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
TheStreet85d agoneutral
Paramount's WBD merger faces major regulatory hurdleOne of the biggest media deals in history is inching toward the finish line. But first, Paramount Skydance must clear a significant hurdle in Europe. The proposed acquisition of Warner Bros. Discovery by Paramount Skydance (PSKY) is valued at $110 billion, Bloomberg confirmed. It would ...
MT Newswires87d agoneutral
Market Chatter: Paramount Skydance Prepared to Divest Universal JV to Address EU Concerns Over Warner DealParamount Skydance (PSKY) is prepared to sell its film distribution joint venture with Universal Pic
Quartz95d agoneutral
DOJ clears Paramount-Warner Bros. merger over staff objectionsCareer antitrust lawyers were leaning toward recommending a lawsuit when senior DOJ officials closed the investigation and cleared the $110 billion deal
CNN Business98d agobearish
Trump’s DOJ approves Paramount-Warner Bros. merger, as potential state lawsuits loomThe Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.
LA Times98d agoneutral
Justice Dept. approves Paramount's acquisition of Warner Bros.As expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood.
LA Times98d agoneutral
Paramount's $111-billion Warner Bros. acquisition clears key hurdleAs expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood
Axios98d agoneutral
DOJ approves Paramount Skydance-Warner Bros. Discovery mergerThe Justice Department has approved Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as expected.
