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BumRushDaShow

(174,378 posts)
Mon Jul 13, 2026, 02:07 PM 10 hrs ago

States sue to stop Paramount-Warner Bros blockbuster merger

Source: NPR

July 13, 2026 12:30 PM ET


A dozen states, led by California, are suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios, television newsrooms, and other entertainment properties.

"The unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the U.S.," California Attorney General Rob Bonta said in a statement announcing the suit, which was filed in federal court in California's Northern District.

The deal would give a wealthy family that has taken pains to show its allegiance to President Trump the effective ownership of the companies' competing movie studios, streamers (Paramount+ and HBO Max), sports programming (CBS Sports and Turner Sports) and news divisions (CBS News and CNN) as well as a suite of cable channels, such as Comedy Central, VH1, MTV, TNT, TBS, HGTV and Discovery, among others.

The president has repeatedly praised Larry and David Ellison, the digital titan and his son who are the controlling owners of Paramount. And he has publicly urged the sale of Warner's CNN to new owners. "We're trying to have CNN go in a normal path," Trump told CNN anchor Jake Tapper yesterday at the end of an interview about the late Sen. Lindsey Graham. In his statement Monday, Bonta said, "With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy."



Read more: https://www.npr.org/2026/07/13/nx-s1-5879286/paramount-warner-bros-discovery-lawsuit



Link to AG Bonta PRESS RELEASE - Attorney General Bonta Files Lawsuit to Block $110 Billion Warner Bros./Paramount Merger

Link to SUIT (PDF) - https://oag.ca.gov/system/files/attachments/press-docs/Redacted%20Paramount%20Warner%20complaint%20%20-%20file%20stamped.pdf

REFERENCE - https://www.democraticunderground.com/10143694578
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States sue to stop Paramount-Warner Bros blockbuster merger (Original Post) BumRushDaShow 10 hrs ago OP
that would be a huge monopoly. AllaN01Bear 10 hrs ago #1
Good. yardwork 9 hrs ago #2
Why doesn't the media talk about this: hookaleft 9 hrs ago #3
The sale will go through. The Grand Illuminist 8 hrs ago #4
The EU is picking it apart at the moment BumRushDaShow 7 hrs ago #5
How so? Envirogal 6 hrs ago #6
At least it will put a bigger spotlight on it mdbl 5 hrs ago #7

hookaleft

(1,555 posts)
3. Why doesn't the media talk about this:
Mon Jul 13, 2026, 03:25 PM
9 hrs ago

The Paramount mega-merger with Warner Bros. Discovery is financially backed by three Gulf state sovereign wealth funds: Saudi Arabia (via the Public Investment Fund), Qatar (via the Qatar Investment Authority), and the United Arab Emirates (via Abu Dhabi-based funds like L'imad Holding Co.).

Envirogal

(355 posts)
6. How so?
Mon Jul 13, 2026, 06:08 PM
6 hrs ago

And can monopolies like this be broken up?

The FCC needs to be sued to oblivion over this.

mdbl

(9,121 posts)
7. At least it will put a bigger spotlight on it
Mon Jul 13, 2026, 07:09 PM
5 hrs ago

Magat lawmakers are just lawbreakers and Magat voters are too stupid to think for themselves.

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