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States Block Paramount-Warner Merger | US News
A $110 billion media merger between Paramount and Warner Bros. Discovery hit a major legal snag as 12 states, including California, halted the deal, fearing it would crush competition and inflate prices for consumers. The states argue the merger would give Paramount unchecked power to slash jobs and leak sensitive data — moves that could be irreversible even if courts later block the deal. Paramount’s CEO, David Ellison, aims to transform his company into a Netflix/Disney rival, but this lawsuit threatens his vision. Paramount counters that the delay harms already struggling entertainment…
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