12 states sued to block a proposed merger between Paramount Skydance and Warner Bros. Discovery. Led by California Attorney General Rob Bonta, the lawsuit filed on Monday accuses the deal between the two mega-studios and streaming giants of violating antitrust law.
Bonta said the the $110 billion purchase of Warner Bros. by Paramount would leave the resulting company with control of nearly a third of all movie production and cable television programming in the United States. California was joined in the suit by 11 other states, all of which have a Democrat serving as attorney general.