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California and New York Lead Multi-State Lawsuit to Block Paramount's $110 Billion Warner Bros. Acquisition
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Business·6/7/2026AI summary

California and New York Lead Multi-State Lawsuit to Block Paramount's $110 Billion Warner Bros. Acquisition

Multiple U.S. states, including California and New York, are preparing a joint lawsuit to block Paramount's $110 billion acquisition of Warner Bros. The deal, announced in February after Paramount outbid Netflix, has drawn antitrust scrutiny from California Attorney General Rob Bonta over risks of higher costs, job losses, and reduced consumer choices.

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