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State AGs finalizing antitrust lawsuit over Paramount–Warner Bros. Discovery merger:

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Brian Stelter

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14,801 views • 1 month ago •via X (Twitter)

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On CNN News Central today: Twelve states have sued to block Paramount's takeover of Warner Bros. Discovery, CNN's parent, kicking off a high-stakes antitrust battle that could impede the media mega-merger.
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Paramount has offered to buy Warner Bros. Discovery for $30 a share.
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We just won a court order stopping the merger of Paramount Pictures and Warner Bros. while our lawsuit continues. We’re going to keep fighting to keep costs down for consumers, protect jobs, and stop this illegal merger.
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The Paramount Skydance-Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said, ruling out any plan to divest or spin off the cable assets
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The DOJ just gave approval to Paramount — owned by the billionaire Trump allies Larry and David Ellison — to buy Warner Bros Discovery. Trump is advancing his scheme to control the media in broad daylight. State AGs must step in and block this deal.
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