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States Challenge Paramount-Warner Merger | Minneapolis News
A dozen states, led by California, are rallying against the $110 billion Paramount-Warner Bros. Discovery merger, warning it could crush Hollywood jobs, inflate movie and cable prices, and shrink content variety. Though the Justice Department cleared the deal in June, attorneys general fear the merged giant could control nearly a third of cable programming and dominate the U.S. film market — risking monopolistic power. Paramount counters that the merger will boost competition and job growth, pledging 30 annual theatrical releases. With states threatening legal action, this high-stakes battle…
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