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A dozen state attorneys general sued Monday to block Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery, citing the harm the megamerger could pose to competition in Hollywood. The deal would consolidate two powerhouse movie studios, several popular streaming services and the national news networks CBS and CNN into a single company under the purview of the billionaire...

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A coalition of 12 state attorneys general led by California has sued Paramount to stop its $111 billion takeover of Warner Bros. Discovery, a sweeping legal challenge to a merger that threatens to reshape Hollywood amid the absence of the Trump administration’s intervention in big deals. In a much-anticipated lawsuit filed in California federal court on Monday, the states allege that the...

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From Sacramento to Albany and several state capitals in between, regional attorneys general are steeled to stop Paramount Skydance’s $110 billion merger with Warner Bros Discovery in an antitrust lawsuit that could hit the courts Monday. (Update 8:59 am: The lawsuit has been filed. Read here.) Coming as barbed threats circulate that the David Ellison-owned PSKY could exit the Golden State in...

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