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States Challenge $81B Paramount-Warner Merger | Reno News
Twelve states are launching a fierce legal battle against the $81 billion Paramount-Warner Bros. Discovery merger, warning it will crush Hollywood competition, raise prices, and endanger jobs — while Paramount vows to fight back, calling the lawsuit a misreading of antitrust law and insisting the merger will build a stronger rival to streaming giants. With the deal already approved by shareholders and the Trump administration, and the Justice Department backing it, the showdown could delay the closing — which is now tied to a “ticking fee” for shareholders — as California’s AG prepares to…
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