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States Sue Over Paramount-Warner Merger | Concord News
Twelve states are suing to block the $110 billion Paramount-Warner Bros. Discovery merger, warning it could crush competition, slash Hollywood jobs, hike prices, and shrink content variety. Despite a green light from the DOJ, states like California and New York demand a pause, threatening a restraining order. Critics fear the combined giant would control nearly a third of cable and movie markets, hurting creators and audiences. Paramount counters that the merger will fuel job growth, expand theatrical releases, and empower bold storytelling — turning a consolidation into a global powerhouse…
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