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States Block Paramount-Warner Merger | Spokane News
Eleven state attorneys general, led by Washington’s Nick Brown, are suing to block Paramount’s $110 billion bid to buy Warner Bros., warning the merger would crush competition, limit consumer choice, and eliminate thousands of jobs. The combined giant would control a third of theatrical films and basic cable, merging HBO Max, Paramount+, CBS, CNN, Warner Bros., DC Studios, and more under one corporate umbrella. While states argue federal regulators have failed to act, Paramount counters that the deal will boost innovation and competition against Netflix, citing approval from the DOJ and…
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