California and New York Preparing to Sue to Block Paramount from Acquiring Warner Bros: Report

A group of states led by California and New York is preparing to sue to block Paramount Skydance from acquiring Warner Bros., Reuters reported on Friday. Last year’s merger between Paramount and Skydance already sparked criticism over concerns about antitrust issues and the impact of centralizing control of major media and entertainment companies. The criticism grew as Paramount settled a lawsuit President Donald Trump had filed against CBS News over a 60 Minutes interview with then-Vice President Kamala Harris, which numerous legal experts had assessed as a fundamentally weak case on First Amendment grounds. It was widely speculated that political...